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What is Forks

The fork is a review of blockchain rules that cause network fragmentation. Cryptocurrency blockchains are usually split, hundreds or thousands of nodes in a network. When a developer or community member initiates a blockchain update, some nodes will update their machine, creating a “new” fork chain. Updates may be related to changes in block size, mining awards, and more. There are two types of forks: hard and soft forks. The soft fork occurs due to major changes in the blockchain. All nodes must decide whether they want to join a new protocol or remain as part of an old series. In contrast, a soft fork is an update with a back-to-back protocol that only needs a lot of notes to be updated to avoid splitting. It is important to note that some forks may be used aggressively to curb cryptocurrency or as a scam. In addition, the value of the blockchain currency may fluctuate over time.

Crypto Term

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