A fork is an update to a blockchain’s rules that causes a split in the network.
Cryptocurrency blockchains are usually decentralized, with hundreds or even thousands of nodes on a network. When a developer or community member initiates a blockchain update, some nodes will update their machine, creating a “new” forked-off chain. Updates may relate to modifications to block size, mining rewards, and more.
A: is simply a change in the blockchain’s protocol that the software uses to decide whether a transaction is valid or not.
KNOW TO EARN is committed to building the world’s largest blockchain knowledge base and blockchain training academy. Through the interesting form of answering questions, more people can participate in the knowledge learning of the blockchain. You can see this knowledge now because there are a lot of people involved and contributing to the creation of blockchain knowledge. You can also be one of them and share up to 20% in bonuses. You dont need to spend any money, just use part of your spare time to participate in the creation of knowledge. Join our Telegram group to learn more.
The content of Know to earn knowledge base is provided by users. If there is any infringement, please contact us to delete it as soon as possible.