What does "blockchain fork" refer to in cryptocurrency? 🔊
A "blockchain fork" refers to a divergence in the blockchain network, resulting in two separate versions of a cryptocurrency. This can occur due to differing opinions among community members about governance or protocol changes. There are two types of forks: soft forks, which are backward-compatible, and hard forks, which create an entirely new blockchain. Forks can impact currency value and user adoption significantly.
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