Monero Just Hard Forked — and It Resulted in Four New Projects

[enrique11]

And you thought Bitcoin hard Forks were bad:   https://bitcoinmagazine.com/articles/monero-just-hard-forked-and-it-resulted-four-new-projects/

 

Just shows the increasing importance of and need for coins that focus on responsible governance and have such mechanisms built into their crypto networks to avoid the fracturing of projects.

Edited April 7, 2018 by enrique11

[WrathofKahneman]

wow.  5 forks.  Hard to imagine survival now- other privacy coins just got a boost.

[RecentChange]

13 hours ago, enrique11 said:

Just shows the increasing importance of and need for coins that focus on responsible governance and have such mechanisms built into their crypto networks to avoid the fracturing of projects.

I don't think there's anything stopping from someone doing the same to XRP ie., create fork's of XRP. Is this correct?

[enrique11]

5 hours ago, strikerjax said:

I don't think there's anything stopping from someone doing the same to XRP ie., create fork's of XRP. Is this correct?

It was true in the past... Their GitHub repository could be checked to if this if still the case.

Open source projects can easily be copied, but not the accompanying infrastructure and important partnerships with key players that are developed over time.