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27/07/2017 · A “fork” is a change to the software of the digital currency that creates two separate versions of the blockchain with a shared history. Forks can be temporary, lasting for a few minutes, or can be a permanent split in the network creating two separate versions of the blockchain.

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18/12/2017 · Bitcoin Cash was the first hard fork to occur on Bitcoin’s blockchain, followed by Bitcoin Gold and Bitcoin Diamond. As you can probably imagine, hard forks have become a hot topic within the crypto community. Many believe that they are necessary for improving the network and solving Bitcoin’s scalability issue, as with Bitcoin Cash. Others have criticized them as money making schemes, as.

The bitcoin protocol could see its first major fork on August 1. That’s when, if miners stand by their word, the network will see the creation of Bitcoin Cash – a new cryptocurrency backed by.

If you have been paying attention to bitcoin at all lately, you may have noticed a lot of talk going on about ‘forks’. Not like the kind you would find on a table, on a blockchain, a fork is a.

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