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Crypto?","featured_image_id":6532,"status":"published","chapter_id":7,"language":"en","order":9,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/what-is-a-rug-pull-in-crypto","featured_image":{"id":6532,"uuid":"be8043fb-078c-4487-9af9-d2d9c2b574ea","public_url":"https://assets.bitdegree.org/crypto/storage/media/what-is-a-rug-pull-in-crypto.o.jpg","path":"crypto/storage/media/what-is-a-rug-pull-in-crypto.o.jpg","original_path":"crypto/storage/media/what-is-a-rug-pull-in-crypto.jpg","name":"what-is-a-rug-pull-in-crypto.o.jpg","original_name":"what-is-a-rug-pull-in-crypto.jpg","title":null,"alt":null,"width":768,"height":478,"disk":"spaces","status":"uploaded","readable_file_size":"92.28KB"},"youtube_video":null},{"slug":"how-to-avoid-rug-pulls-in-crypto","title":"How to Spot and Avoid Rug Pulls?","featured_image_id":6555,"status":"published","chapter_id":7,"language":"en","order":10,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-avoid-rug-pulls-in-crypto","featured_image":{"id":6555,"uuid":"80cbed9d-3b4b-45d9-9a85-d2d8108c0f32","public_url":"https://assets.bitdegree.org/crypto/storage/media/how-to-avoid-rug-pulls.o.jpg","path":"crypto/storage/media/how-to-avoid-rug-pulls.o.jpg","original_path":"crypto/storage/media/how-to-avoid-rug-pulls.jpg","name":"how-to-avoid-rug-pulls.o.jpg","original_name":"how-to-avoid-rug-pulls.jpg","title":null,"alt":null,"width":768,"height":478,"disk":"spaces","status":"uploaded","readable_file_size":"111.99KB"},"youtube_video":null},{"slug":"how-to-avoid-crypto-taxes","title":"The Key Legal Techniques of Avoiding Crypto Taxes","featured_image_id":6526,"status":"published","chapter_id":7,"language":"en","order":11,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-avoid-crypto-taxes","featured_image":{"id":6526,"uuid":"1e44162c-ef1d-4010-81b4-9e8d1809aedf","public_url":"https://assets.bitdegree.org/crypto/storage/media/how-to-avoid-crypto-taxes.o.jpg","path":"crypto/storage/media/how-to-avoid-crypto-taxes.o.jpg","original_path":"crypto/storage/media/how-to-avoid-crypto-taxes.jpg","name":"how-to-avoid-crypto-taxes.o.jpg","original_name":"how-to-avoid-crypto-taxes.jpg","title":null,"alt":null,"width":768,"height":478,"disk":"spaces","status":"uploaded","readable_file_size":"99.10KB"},"youtube_video":null}]},{"id":8,"title":"Crypto 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Tokens?","featured_image_id":null,"status":"published","chapter_id":8,"language":"en","order":4,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-track-new-crypto-coins","featured_image":null,"youtube_video":null},{"slug":"how-to-research-crypto","title":"Crypto Research Fundamentals & Social Signals: Your Daily Trading Strategy","featured_image_id":null,"status":"published","chapter_id":8,"language":"en","order":5,"modified_content":null,"preview_url":"https://www.bitdegree.org/crypto/learn/how-to-research-crypto","featured_image":null,"youtube_video":null}]},{"id":9,"title":"Mining","slug":"mining","updated":false,"chapter":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters/learn-crypto-mining.jpg","chapter_simple":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters-simple/crypto-mining-101.jpg","rating":80,"sections":[]},{"id":10,"title":"Crypto Terms","updated":false,"chapter":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters/crypto-101-glossary.jpg","chapter_simple":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters-simple/crypto-glossary-101.jpg","rating":100,"sections":["A","B","C","D","E","F","G","H","I","J","K","L","M","N","O","P","Q","R","S","T","U","V","W","X","Y","Z"]}],"nextSection":{"id":386,"original_id":null,"author_id":42,"translator_id":null,"title":"What is Hard Fork (Blockchain)?","slug":"what-is-hard-fork-blockchain","section":"H","keyword":"Hard Fork (Blockchain)","status":"published","definition":"a massive change to a protocol that happens when a blockchain splits into two blockchains.","content":"<p><strong>A hard fork</strong> is an extensive change to a protocol that happens when a <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-blockchain/">blockchain splits into two blockchains and it usually results in the creation of new <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-digital-currency/">digital currencies</strong></a>. A hard fork causes <strong>permanent changes</strong> that are not backward compatible, which means that all <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-node/">nodes must be upgraded because the old version of the software will not operate with the new one.</p>\n<p>Even if the transaction history and parameters are identical before the hard fork, the history of both networks separates after the event, and <strong>any activity beyond the fork has no impact on the other.</strong></p>\n<p>Hard forks can be done intentionally or occur due to bugs or errors in the blockchain. When <strong>hard forks</strong> are done intentionally, they are announced to the cryptocurrency community in advance. The crypto <strong>community</strong> widely debates hard forks trying to determine their benefits and drawbacks when changing particular project characteristics (usually rewards and hard cap, block size, or any other).</p>\n<p>For example, in 2017, there was a proposal to hard fork <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/buy-bitcoin-btc/">Bitcoin to <strong>increase its block size from 1 MB to 8 MB</strong>. This would change the speed and the amount of the transactions. However, the vast majority of the community opposed this idea and that&rsquo;s why a part of the community split and created Bitcoin Cash (BCH).&nbsp;</p>\n<p>After that, <strong>BCH</strong> had a few of its own hard forks that created Bitcoin Cash ABC (BTCA) and Bitcoin SV (BSV). Besides, the latest hard fork, which happened in 2020, created a new chain called <strong>Bitcoin Cash Node (BCHN).</strong></p>\n<p>Talking about <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/buy-ethereum-eth/">Ethereum, it experienced an unplanned hard fork in 2020 as its developers <strong>failed to properly communicate unscheduled changes</strong> to their community and infrastructure providers, causing the infrastructure provider <strong>Infura</strong> to run old and conflicting software. Besides, in 2016, Ethereum suffered a huge hard fork in response to <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-are-decentralized-autonomous-organizations-dao/">DAO's replay attack, which resulted in the original chain operating as <strong>Ethereum Classic.</strong></p>","level":"medium","meta_title":"What is Hard Fork (Blockchain)? Definition & Meaning | Crypto Wiki","meta_description":"Hard Fork (Blockchain) meaning: Hard Fork (Blockchain) - Hard Fork – a massive change to a protocol that happens when a blockchain splits into two blockchains.","meta_keywords":null,"language":"en","created_at":"2022-03-16T15:00:38.000000Z","updated_at":"2022-06-28T10:08:44.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-hard-fork-blockchain"},"prevSection":{"id":384,"original_id":null,"author_id":42,"translator_id":null,"title":"What is Hard Cap?","slug":"what-is-hard-cap","section":"H","keyword":"Hard Cap","status":"published","definition":"the absolute maximum supply limit of a particular cryptocurrency.","content":"<p>A hard cap is the absolute maximum supply limit of a particular <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-cryptocurrency/">cryptocurrency placed by the blockchain&rsquo;s code. A hard cap prevents<strong> the further circulation</strong> and creation of its units. This way it creates scarcity which drives up the value of each <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-token/">token. This limit can be <strong>bypassed</strong> by changing the parameters of a cryptocurrency which eventually results in the creation of a new cryptocurrency.</p>\n<p>A hard cap is strictly supervised by crypto analytics websites and the communities of specific projects. However, it can be changed when <strong>an error occurs in the code</strong>, a malicious action happens or when the developers need to change it for some specific situations. One of the bigger hard cap breaches occurred in <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/buy-bitcoin-btc/">Bitcoin when the <strong>184M inflation bug</strong> appeared in code and broke the 21M limit.</p>\n<p>As mentioned before, hard caps help to raise the value of tokens. A great example of that would be when the MEME token (created as a satire in <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-defi/">DeFi and <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-non-fungible-token-nft/">NFT industry) exploded in value thanks to its small hard cap of only 28,000 tokens. Also, in 2020, the <strong>YFI governance token</strong> raised its value to over $40,000 mostly thanks to its small hard cap of 30,000 tokens.</p>","level":"easy","meta_title":"What is Hard Cap? Definition & Meaning | Crypto Wiki","meta_description":"Hard Cap meaning: Hard Cap - the absolute maximum supply limit of a particular cryptocurrency.","meta_keywords":null,"language":"en","created_at":"2022-03-16T14:56:41.000000Z","updated_at":"2022-05-13T14:32:23.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-hard-cap"},"currentChapter":"H","currentSection":"what-is-hybrid-pow-pos","chapterTitle":"H","readingLevel":"easy"},"url":"/crypto/learn/crypto-terms/what-is-hybrid-pow-pos","version":"cdd198d50cbe5c9c21c9329d7c096ffc"}" class="container-fluid d-flex crypto-book p-0">
Crypto Terms: Letter H

What is Hybrid PoW/PoS?

Hybrid PoW/PoS MEANING:
Hybrid PoW/PoS - a mechanism that allows both Proof-of-Work (PoW) and Proof-of-Stake (PoS) algorithms to be used on the network.
Easy
1 minute

Let's find out Hybrid PoW/PoS meaning, definition in crypto, what is Hybrid PoW/PoS, and all other detailed facts.

A hybrid PoW/PoS is a mechanism that allows both Proof-of-Work (PoW) and Proof-of-Stake (PoS) consensus algorithms to be used on the same network. The hybrid mechanism combines the security measures of the PoW consensus algorithm with the efficient energy use of the PoS algorithm.