King Money KIM: Hard Fork
KingMoney ERC20 Token
"We are coming up with KingMoney ERC20 Wrapped Token. We will launch it on the Ethereum blockchain on Aug 23th, 2021. The new token will make our coin more accessible and easier to list on different platforms and exchange services, mainly on decentralized exchanges (DEX). Stay tuned for more information."
What is a hardfork?
The cryptocurrency mainnet operates according to certain rules. To improve network performance or correct errors, changes are periodically introduced into it. A hard fork represents changes that are not compatible with previous versions of software supporting the cryptocurrency network. In order to continue to mine the cryptocurrency, miners need to update the software.
In some cases, as a result of a hard fork, a completely new cryptocurrency may appear, as happened with Bitcoin Cash and EthereumPoW.