ethan_thompson_psychologist
Sat Jun 22 2024
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5 answers
946
Do all forks lead to the creation of new cryptocurrencies?
In the realm of cryptocurrency and blockchain technology, forks are often a topic of keen interest. However, does every instance of a fork necessarily lead to the birth of a brand-new cryptocurrency? The question begs for clarification on the nature and outcomes of forks, particularly those that involve changes to the underlying codebase. While some forks, such as those that introduce novel features or address critical vulnerabilities, may indeed result in a separate currency, others might simply be updates to the existing protocol. Therefore, it's crucial to understand the specifics of each fork to determine if it truly gives rise to a new cryptocurrency.
