That's called a chain split, isn't it? Usually there are people who follow the new protocol and people who follow the old protocol, so the currency splits into two.
Bitcoin Cash is an example.
That's called a chain split, isn't it? Usually there are people who follow the new protocol and people who follow the old protocol, so the currency splits into two.
Bitcoin Cash is an example.
But yeah if there's longstanding disagreement, there are two ways for it to go:
* Peaceable fork with replay protection, like Bitcoin Cash
* Fork that seriously fights for the same brand/userbase --- we haven't seen one of these in Bitcoin. Segwit2x would've worked that way, but was canceled
When you change the rules to be less restrictive (add operations, increase block size, etc) then any old version will reject the new blocks, so will keep running their own chain until they are upgraded, potentially forever if there’s demand.
I bought something with BTC after the fork, and all my BCC was emptied within minutes.