What is the reason why Bitcoin is not currently forking?

[Venux]

Greetings to all.I have seen the word fork many times while reading about Bitcoin.I am sharing it here after studying the subject and understanding it in my own way. What I had read is that fork is a change in the rules. And if everyone in the network does not agree on one rule, a fork is created. There are two types of Fork,, Soft Fork, Hard Fork.

Bitcoin Cash, Bitcoin Gold, Bitcoin SV are probably Hard Fork.

Now my question is, what happened that there is no possibility of a fork being created at present?

[Chibit01]

Now my question is, what happened that there is no possibility of a fork being created at present?

People are tired of the shitcoin being created all in the name of creating something better for Bitcoin check all of those fork coin which one still hold there past value till date.. all those forks are just another set of altcoins which where put into the market , no body or less people are interested in such again.

[Joy_learns_crypto]

Greetings to all.I have seen the word fork many times while reading about Bitcoin.I am sharing it here after studying the subject and understanding it in my own way. What I had read is that fork is a change in the rules. And if everyone in the network does not agree on one rule, a fork is created. There are two types of Fork,, Soft Fork, Hard Fork.

Bitcoin Cash, Bitcoin Gold, Bitcoin SV are probably Hard Fork.

Now my question is, what happened that there is no possibility of a fork being created at present?

Reading about Fork is the preliminary part, start to study on the coins created from bitcoin fork, study their price history, pattern, what does the bitcoin society think about them, what milestones has coins created from bitcoin fork crossed, are they still relevant at this time .
Studying these and even more extensive study will give the answers why bitcoin is currently not forking.

everyone in the network does not agree on one rule, a fork is created.

Everyone in the network is good with the rules, hence no fork yet.

[livingfree]

Now my question is, what happened that there is no possibility of a fork being created at present?

Because it's likely to fail.

The early forkers have seen that the community is tired of these forks in the past, and so another representation and creation of it won't mean a lot.

It's going to waste their resources, time and money if they'd do that. While it's an easy money for them if it becomes a huge success. But these days, people won't just throw money anymore to these.

[AuchanX]

Greetings to all.I have seen the word fork many times while reading about Bitcoin.I am sharing it here after studying the subject and understanding it in my own way. What I had read is that fork is a change in the rules. And if everyone in the network does not agree on one rule, a fork is created. There are two types of Fork,, Soft Fork, Hard Fork.

Bitcoin Cash, Bitcoin Gold, Bitcoin SV are probably Hard Fork.

Now my question is, what happened that there is no possibility of a fork being created at present?

These are all now known as shitcoins. Those altcoins were useless coins. No one would knowingly keep that shitcoin for themselves.

Now my question is, what happened that there is no possibility of a fork being created at present?

The forks you mentioned have already proven that it is impossible to break the Bitcoin network and the trust built around it. Moreover, the creators do not see forking as a solution, but have focused their attention on layer-2 sidechains.

People are tired of the shitcoin being created all in the name of creating something better for Bitcoin check all of those fork coin which one still hold there past value till date.. all those forks are just another set of altcoins which where put into the market , no body or less people are interested in such again.

Yes, you're right. If there were any other forks like Bitcoin Cash or Bitcoin SV, people would be crying for freedom from them and selling them. lol

[Franctoshi]

Now my question is, what happened that there is no possibility of a fork being created at present?

Not so sure OP, if there's going to be such in the future as the previous one yielded no expected results, I wonder what else they will be looking at that could lead to another fork in the future, I guess they must have learned from the result of the previous ones.

People are tired of the shitcoin being created all in the name of creating something better for Bitcoin check all of those fork coin which one still hold there past value till date.. all those forks are just another set of altcoins which where put into the market , no body or less people are interested in such again.

You just nailed it, Bitcoin cash, Bitcoin sv and Bitcoin gold can't stand Bitcoin as of today. Because all later turned out to be another shitcoin instead of supposedly expected better version of Bitcoin that caused the fork.

[OgNasty]

I think it should fork. People seem to forget this is an open source project. I think there are multiple legitimate reasons why forks would benefit the community, whereas taking an attitude that forks are evil and the Core team can do no wrong will almost certainly end in disaster.

[ZAINmalik75]

Bitcoin forks in the past didn't gain significant success, which is why developers or miners aren't interested in any new forks, probably. People don't want different versions of Bitcoin even if they have different features because they aren't Bitcoin, after all. This is why, no new forks have been created and aren't being created. Bitcoin is doing pretty good, people are happy with it and they are only interested in using or making investments in Bitcoin, which is why you will barely see any of the old forked coins in the market much, because people are not interested.

Developers think of creating forks of Bitcoin or any other cryptocurrency when they feel there should be feature in it that doesn't exist in the current blockchain, but if experiments fail, that wastes a lot of their time and efforts, so they won't just keep creating forks every now and then. New experiments might be done in the future though.

[Stalker22]

~
Now my question is, what happened that there is no possibility of a fork being created at present?

There is always that possibility.  You never know when someone might decide to make a new fork. The thing is, this code is open source, which means anyone can take it and modify the rules of the code whenever they feel like it. This means there is always a possibility of a fork, to the code.

However, you can fork Bitcoin today and call it whatever you want, but if nobody runs your software and no miners secure your chain, it’s worthless. The market is tired of it and treats all new forks as scams or junk.

[dkbit98]

Now my question is, what happened that there is no possibility of a fork being created at present?

For new fork to happen you need to have enough people in bitcoin ecosystem who are not happy with something and they wants to see change
There is always a possibility for another bitcoin fork to happen in future, maybe in a few years related with quantum computers.
I would actually support bitcoin fork that would introduce better privacy, even if that was only optional.
 

[bitmover]

Greetings to all.I have seen the word fork many times while reading about Bitcoin.I am sharing it here after studying the subject and understanding it in my own way. What I had read is that fork is a change in the rules. And if everyone in the network does not agree on one rule, a fork is created. There are two types of Fork,, Soft Fork, Hard Fork.

Bitcoin Cash, Bitcoin Gold, Bitcoin SV are probably Hard Fork.

Now my question is, what happened that there is no possibility of a fork being created at present?

Those forks were created just to try to make some people rich, specially the creators.

Later on, they stopped being profitable, so people stopped forking bitcoin .. there was a "fork mania" in 2017/18, when holders make a lot of money just converting forks to btc.

Most forks are scam. They are not relevant in the ecosystem

[0xOWl]

Now my question is, what happened that there is no possibility of a fork being created at present?

People are tired of the shitcoin being created all in the name of creating something better for Bitcoin check all of those fork coin which one still hold there past value till date.. all those forks are just another set of altcoins which where put into the market , no body or less people are interested in such again.

p.s. also have to admit that kinda haotic community overal tbh. A lot of scam a lot of fraud. So insecure community still after all this time. Ppl losing still wallets, get hacked etc. Meanwhile at the same time everyday there dosen new projects launching/pumping and legally scaming ppl. but yeahh.. just sayinn.  (only my viewe/opinion/expierence so far)

[Darker45]

You're probably asking it the other way around. What is the reason why Bitcoin should fork? There must be a good reason for it. Otherwise, why should it even be considered?

Taproot, which was activated in 2021, was a soft fork. Although not controversial like previous hard forks, even so, it's not as if a fork is just another upgrade. It takes years of painstaking discussions, debates, reviews, drafting, trial, and so on before a proposal is accepted or a consensus reached.

I think there's a proposal for a temporary soft fork at present. So there's that possibility right now. But, again, it's not as if a fork is just something everybody can easily say yes or no to.

[notocactus]

Greetings to all.I have seen the word fork many times while reading about Bitcoin.I am sharing it here after studying the subject and understanding it in my own way. What I had read is that fork is a change in the rules. And if everyone in the network does not agree on one rule, a fork is created. There are two types of Fork,, Soft Fork, Hard Fork.

Bitcoin Cash, Bitcoin Gold, Bitcoin SV are probably Hard Fork.

Now my question is, what happened that there is no possibility of a fork being created at present?

In the future, Bitcoin might have its technical fork like it did in 2017 for Segwit upgrade but altcoin projects that use Bitcoin as a tool for their scam forks won't succeed.

There are hundreds of Bitcoin forks and most of them either already died or abandoned. Some "Bitcoin forks" still survived but they're not interesting with cryptocurrency users and investors.

How Many Bitcoin Forks Are There? You will be surprised!!!
In short, these "Bitcoin forks" are created to steal your bitcoins.

[AuchanX]

<>

In the future, Bitcoin might have its technical fork like it did in 2017 for Segwit upgrade but altcoin projects that use Bitcoin as a tool for their scam forks won't succeed.

For example, if there is a problem with quantum computers in the future, some people could create a new fork where some bitcoins might be locked up for the time being. Then the original owner could come and prove with quantum proof that the coins are his.

[ABCbits]

Bitcoin Cash, Bitcoin Gold, Bitcoin SV are probably Hard Fork.

Those are hard fork. But it leads to new coin being created and doesn't change BTC protocol at all. In addition, BSV is fork of BCH (not BTC).

Now my question is, what happened that there is no possibility of a fork being created at present?

It's just matter of time before we'll see another fork on Bitcoin protocol. I don't know when, but i expect we'll see new address prefix/format and QC-resistant cryptography added to Bitcoin protocol.

[cryptomaniac_xxx]

Greetings to all.I have seen the word fork many times while reading about Bitcoin.I am sharing it here after studying the subject and understanding it in my own way. What I had read is that fork is a change in the rules. And if everyone in the network does not agree on one rule, a fork is created. There are two types of Fork,, Soft Fork, Hard Fork.

Bitcoin Cash, Bitcoin Gold, Bitcoin SV are probably Hard Fork.

Now my question is, what happened that there is no possibility of a fork being created at present?

It's because it's not effective, simply as that. Just like what you mentioned, those forks are just remnants of the past and probably those who have invested on it might have lose a lot of money and so they moved on and just stay with Bitcoin.

I guess whatever those entities behind will say about Bitcoin and what is the reason behind the fork, investors are not going to buy it as we all know that there is only one Bitcoin and it's too big too fall and it's worth the risk of some individuals to fork it as again, they will just lost money.

[SilverCryptoBullet]

Those are hard fork. But it leads to new coin being created and doesn't change BTC protocol at all. In addition, BSV is fork of BCH (not BTC).

BCH and BSV were forked by a same team initially tried to scam people with BCH (Bitcoin Cash), then that scam team separated with each other, and BSV was created as consequence of that BCH team conflict.

Bitcoin Satoshi Vision (BSV) History

After thriving well for a year, the BCH community had to face another fork in 2018. A faction in the BCH community led by Craig Wright, a highly controversial Australian computer scientist who claims to be Satoshi Nakamoto, and billionaire Calvin Ayre, wasn't satisfied with the implementation’s 32 MB block size, and instead proposed to raise the size limit to 128 MB.

In November 2018, Craig Wright’s efforts compelled his faction to fork BCH and give birth to a new Bitcoin chain, Bitcoin SV. Partially as a result of Wright’s actions online in 2019, many exchanges delisted BSV in response.

[adultcrypto]

Bitcoin forks were done by people who thought that forking bitcoin was going to solve problems they claim were inherent in bitcoin such as scalability. They made us believe they were going to produce a better bitcoin but reality always say otherwise because most if not all of them ended of producing shitcoins. Bitcoin SV, Bitcoin Cash and many other forks cannot be regarded as superior to bitcoin, they are closer to failure as a project than anything. This may be the reason we are not seeing much forks anymore, people would have realized the futility of such exercise.

[cr1776]

Greetings to all.I have seen the word fork many times while reading about Bitcoin.I am sharing it here after studying the subject and understanding it in my own way. What I had read is that fork is a change in the rules. And if everyone in the network does not agree on one rule, a fork is created. There are two types of Fork,, Soft Fork, Hard Fork.

Bitcoin Cash, Bitcoin Gold, Bitcoin SV are probably Hard Fork.

Now my question is, what happened that there is no possibility of a fork being created at present?

It could fork at any time that anyone wants to. It is just a question about who would follow the fork so someone who forks has to convince lots of people to follow it.