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Crypto hard forks can help to patch security holes in protocols, introduce new features or better functionality, and change mining rewards or transaction fees, as well as the speed and scale at which a blockchain’s transactions are validated.
What is Hard Cap? Hard cap refers to the maximum supply limit imposed on a cryptocurrency supply. For example, Bitcoin is programmed to produce a maximum of 21 million coins and no further, because the maximum supply is immutable as defined/hardcoded in a cryptocurrency’s blockchain protocol.
A hard fork can occur in any blockchain, and not only Bitcoin (where hard forks have created Bitcoin Cash and Bitcoin SV, among several others, for example).
If you’re thinking of investing in an ICO, you’ll encounter this term often enough. A hard cap refers to the upper limit of tokens that can be sold. The developer team is seeking to raise funds, and the hard cap is the maximum amount of funds they are willing to collect in exchange for selling their tokens.
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