Fork definition

Fork means (i) that a Digital Asset network has been changed in a way that makes it incompatible with the unchanged version of the Digital Asset network, (ii) a material population of miners and/or users of the Digital Asset network accept the changes, and (iii) that the two resulting Digital Asset networks have not been merged together in a timely manner. A Fork may create two separate Digital Asset networks (each, a “Forked Network”), and may result in Anchorage holding an identical amount of Digital Assets associated with each Forked Network.
Fork means non-backward compatible change to the original Ethereum blockchain and the source code of the original Ethereum network which results in the original Ethereum network and the original Ethereum blockchain existing side-by-side, but incompatible, with a new network and a new blockchain, and leads to the creation of a new asset running on the new blockchain.
Fork means (i) that the source code of a Digital Asset network as a whole has been changed in a way that makes it incompatible with the unchanged version of the Digital Asset network, (ii) a material population of miners, validators and/or node operators of the Digital Asset network accept the changes while the remainder do not, and (iii) that the two resulting Digital Asset networks have not been merged together in a timely manner, resulting in divergent blockchains for each. A Fork would create two separate Digital Asset networks (each, a “Forked Network”), and may result in Anchorage holding an identical amount of Digital Assets associated with each Forked Network.

Examples of Fork in a sentence

  • Client further acknowledges that Custodian, at its sole discretion, may update the Fork Policy from time to time and/or the URL at which it is available and Client agrees that Client is responsible for reviewing any such updates.

  • Client acknowledges that Custodian is under no obligation to support any airdrops or forks, or handle them in any manner, except as detailed above and in the Fork Policy.

  • Client is under no obligation to provide notification to Client of any modification to the Fork Policy.


More Definitions of Fork

Fork or “Forking” means a change in the existing source code or the creation of new or additional source code for a blockchain;
Fork shall have the meaning ascribed to it in the Trust Agreement.
Fork means changes in operating rules of an underlying protocol of a Supported Network.
Fork means a change to the consensus mechanism of a distributed ledger that creates a separate ledger, which may result in a new cryptocurrency that shares a common transaction history with the previous cryptocurrency up to the point of the change.
Fork means a change in the existing source code or the creation of new or additional source code for a blockchain;
Fork means a change in the consensus rules of a network for a Digital Asset, as further described in Schedule 3.
Fork means changes in operating rules of the underlying protocols of Digital Assets that may result in more than one version and/or MULTIBANK FX INTERNATIONAL CORPORATION holding an amount (which may be identical) of Digital Assets associated with each forked network. Such Forks may materially affect the value, function, and/or the name of the Digital Asset held by MULTIBANK FX INTERNATIONAL CORPORATION.