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Tag: cryptocurrency_changes

An illustration of a tree with two distinct branches growing from a single trunk, representing the process of creating a hard fork within a blockchain.

Understanding Hard Forks: A Radical Change to the Protocol

December 3, 2024 FinanceFacts101 Fintech

What is a Hard Fork? A hard fork refers to a significant change to a blockchain network’s protocol that results in two distinct chains, each with its own set of rules and token holders. Essentially, a hard fork creates a new version of the original blockchain with upgraded features or

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