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Bitcoin fork explained in layman's terms

BY: @sandya | CREATED: July 23, 2017, 5:45 p.m. | VOTES: 2 | PAYOUT: $0.00 | [ VOTE ]

Being fairly new to cryptocurrency technology and trading I don’t quite grasp all the terminology and their definition.

With the fork looming I went in search of what that will mean for those of us involved with crypto.
[IMAGE: https://steemitimages.com/DQmcE71sT2b3dZcvKvPpU5hYLb3u35k1E2C5Tc3EFbVhf3n/bitcoin-fork%20300.jpg]
I found this article helpful, and wanted to share it with those of you in the same boat as me.
http://www.coindesk.com/short-guide-bitcoin-forks-explained/

I know some wallets are halting any transactions from being made on July 31, 2017.

Your advice and opinions are welcome!

TAGS: [ #bitcoin ] [ #crypocurrency ] [ #steem ] [ #blockchain ] [ #technology ]

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