What is Huobi Fork?

What is Huobi Fork? According to official news, Huobi Fork is a decision made by

What is Huobi Fork?

What is Huobi Fork? According to official news, Huobi Fork is a decision made by Huobi Group to modify the existing rules. This upgrade includes: transferring 50% of the transaction fee income from the original trading pairs to the newly created user accounts; increasing “miner” earnings, reducing the block rewards, and using all transaction fees for repurchases and burning; adjusting the holding ratio from 1 BTC to 100,000 HT, for example.

According to Huobi’s announcement, the fork is due to security vulnerabilities in the contract code, which result in the inability to complete transaction processing and confirmation.

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