what does the Word "Fork" mean in blockchain?🤔
Go Back🕒 6:48 PM
📅 May 09, 2025
✍️ By oluwafemighty
"A fork in blockchain refers to a divergence in the blockchain protocol or ledger, typically resulting from a change in the rules or software"
There are two main types of forks which are:
1. Planned Forks (Protocol Upgrades):
i). Occur intentionally when developers update the blockchain software.
ii). Can be soft (backward-compatible) or hard (not backward-compatible).
2. Unplanned Forks (Chain Splits):
i). Happen when nodes in the network temporarily disagree due to latency or errors.
ii). Usually resolved quickly, with the longest valid chain becoming the main one.
Key Reasons for Forks:
1. To add new features.
2. To fix security vulnerabilities.
3. To reverse transactions (e.g., after a major hack).
4. Community disagreements (e.g., Bitcoin vs. Bitcoin Cash).
I hope you learn something new
Good luck 🫶