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What is the bitcoin fork?

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There has been significant news coverage and developments in recent weeks about changes to digital currency networks. These are sometimes called “forks”. read more

A “fork” is a change to the software of the digital currency that creates two separate versions of the blockchain with a shared history. Forks can be temporary, lasting for a few minutes, or can be a permanent split in the network creating two separate versions of the blockchain. read more

Bitcoin gold was created when bitcoin forked again in October. And now the SegWit2x fork is looming. Meanwhile, bitcoin continues to hit new record highs. We asked Nolan Bauerle, the director of research at CoinDesk, to come in to help explain what exactly happens when a cryptocurrency splits and whether it undermines the strength of the coin. read more

A Bitcoin fork is what happens when someone modifies the source code so that it is sufficiently different from the original, thereby creating a unique version of the software. This is a Bitcoin-specific example of the general concept - see Fork (software development). For example, Litecoin is a Bitcoin fork. read more

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