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RE: When Ethereum hard forks later this month, what will happen?
So, what you're saying is hard forks can happen without a coin split? I was under the impression that a hard fork resulted in a new coin. Why will there be no new coin this time?
Because it depends of the protocol the miners use to validate the transactions... Basically all miners already agrees to switch to the new protocol, meaning the old one will just not have any value anymore. From a technical point of view what you say it's 100% correct, when you change the protocol you generate a new coin, but with a PoW coin everything goes down to the miners.