Crypto fork meaning

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"What happens when a blockchain diverges into two potential paths forward" � "A change in protocol", or � A situation that "occurs when two or more blocks have. In programming terms, a fork is an open-source code modification. Usually, the forked code is similar to the original blockchain but with significant. A fork happens whenever a community makes a change to the blockchain's protocol, or basic set of rules. Cryptocurrencies like Bitcoin and Ethereum are powered.

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Ethical dilemmas � Using a fork as way to resolve an unintended consequence, testing the principle of code as law. Forks work by introducing changes to the software protocol of the blockchain. Alternatively, to prevent a permanent split, a majority of nodes using the new software may return to the old rules, as was the case of bitcoin split on 12 March Hard fork examples There have been over Bitcoin hard forks but those that resulted from the block wars from � are the most important. Taproot BIP - Improving privacy and efficiency; enabling smart contracts.