A fork is an update to a blockchain’s rules that causes a split in the network. There are two categories of forks: hard forks and soft forks.
A hard fork occurs as a result of a significant change to a blockchain. All nodes must decide if they want to join the new protocol or remain as part of the old chain. Conversely, a soft fork is a backward-compatible update to a protocol that only requires the majority of nodes to update to avoid a split.
Q: How many types of forks exist?
A: 2. Hard Fork and Soft Fork
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