Geek Culture
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Geek Culture

Cryptocurrency Forks: What Are They and Why You Would Want to Choose One over Another?

Cryptocurrency forks are common occurrences in the blockchain and cryptocurrency industry. However, they are not often understood or explained effectively.

A Bitcoin wedged between the prongs of a dinner fork.
Image courtesy of Canva

What is a fork?

Soft forks versus hard forks

If my cryptocurrency forks, what happens to my investment?

What determines which fork is better?

Is it possible for both forks to exist?

What is the best way to stay informed about cryptocurrency forks?

Conclusion

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