Cryptocurrency Q&A
What is a 'fork' in cryptocurrency?
What is a 'fork' in cryptocurrency?
Filippo
Mon Jul 15 2024
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7
answers
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I don't understand this question. Could you please assist me in answering it?
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7 answers
BlockchainWizardGuard
Wed Jul 17 2024
This alteration is typically agreed upon by the network's participants through consensus.
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CherryBlossomDance
Wed Jul 17 2024
Cryptocurrency enthusiasts often encounter the concept of "forks".
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Alessandro
Wed Jul 17 2024
Fundamentally, a fork represents a modification in the underlying protocol of a blockchain network.
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CherryBlossomDancing
Tue Jul 16 2024
In contrast, a hard fork is not backward-compatible, requiring all nodes to upgrade to the new software to continue participating in the network.
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Starlight
Tue Jul 16 2024
Forks can occur due to a wide range of reasons, including but not limited to the introduction of new features, the correction of security vulnerabilities, or changes in network policies.
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