Fork

A fork in blockchain refers to a split in the network protocol, leading to the creation of a new version of the blockchain. Forks can be 'soft'-backward-compatible updates-or 'hard', which create a new chain with different rules. Hard forks often occur due to disagreements within the community, leading to the birth of new cryptocurrencies like Bitcoin Cash from Bitcoin. Forks are also used to implement upgrades, fix bugs, or introduce new features. They can impact network stability, user consensus, and market value. Understanding forks helps users and investors stay informed about changes that may affect their assets or the broader ecosystem