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What is a Fork in Crypto?
The Definition of a Fork in Blockchain A fork in blockchain refers to a change in a cryptocurrency’s underlying code or network. In simple terms, it’s an update to a blockchain’s rules and protocols.
After the launch of Bitcoin in 2009, the DeFi community looked to develop ways to scale Bitcoin. Two solutions were proposed by developers — increase the average block size or exclude parts of the ...
Even if not all of us are blockchain savants, we mostly have a pretty good idea of how they function as a distributed database whose integrity is maintained by an unbroken chain of conputational ...
A new blockchain fork of Terra will launch Saturday in an attempt to revitalize the crashed TerraUSD or “UST” stablecoin and its related cryptocurrency Luna, which lost all its value earlier in May.
Ethereum scaling project Polygon has announced a proposed hard fork to its proof-of-stake (PoS) blockchain. If approved, the software upgrade is set to take place on Jan. 17, and will address gas ...
A blockchain upgrade. There are two kinds of crypto forks: hard forks and soft forks. A hard fork means that after changes are made to a blockchain protocol, all nodes must upgrade within a certain ...
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