Cryptocurrency Q&A What is forking in blockchain?

What is forking in blockchain?

KiteFlyer KiteFlyer Fri Nov 29 2024 | 6 answers 1172
I'm interested in understanding the concept of forking in the context of blockchain technology. Could someone explain what it means and how it occurs within a blockchain network? What is forking in blockchain?

6 answers

Martina Martina Sun Dec 01 2024
A fork is an event that occurs in the blockchain community when a change is made to the protocol or the basic set of rules that govern the blockchain.

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CryptoLegend CryptoLegend Sun Dec 01 2024
This change results in a split within the blockchain, creating a second blockchain that is identical to the original in terms of its historical transactions.

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Margherita Margherita Sat Nov 30 2024
Despite sharing a common history, the two blockchains diverge from this point onwards, each following its own unique set of rules and protocols.

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Stefano Stefano Sat Nov 30 2024
The emergence of a second blockchain can lead to significant changes in the way that transactions are processed and verified.

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Isabella Isabella Sat Nov 30 2024
One such cryptocurrency exchange that offers services in this evolving landscape is BTCC.

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