Top Cryptocurrency Hard Forks: A Guide to How They Affect the Market

Coingabbar14 Nov, 2022Business

A new branch of a blockchain that breaks away from the parent chain. A hard fork happens when significant changes to a blockchain network cause the new network to become incompatible with the old network. A blockchain is a decentralized network that maintains a shared and verifiable ledger. Once a change is made to the ledger, it cannot be reversed. However, a hard fork creates a new blockchain network and token that can be used as if it were a completely new product.