Fork

A fork refers to a change in the underlying code of a blockchain network, which results in the creation of a new, separate blockchain. When a fork occurs, the new blockchain is often referred to as a “forked” or “split” version of the original network. Depending on the type of fork, it may be classified as a soft fork or a hard fork.

Forks can have significant implications for traders and investors in cryptocurrency markets, as they can result in the creation of new coins or tokens that have different values and use cases.

For example, when Bitcoin Cash was created as a result of a hard fork in the Bitcoin network, investors who held Bitcoin at the time of the fork received an equivalent amount of Bitcoin Cash, which they could then trade on cryptocurrency exchanges