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An intriguing fact about the cryptocurrency industry is the phenomenon of "hard forks." A hard fork occurs when a blockchain diverges into two separate chains that are incompatible with each other. This usually results from disagreements within the community about updates or changes to the blockchain protocol. A famous example is "Bitcoin Cash," which emerged as a hard fork from Bitcoin in 2017 due to disagreements over block size. While Bitcoin retained a smaller block size to prioritize security, Bitcoin Cash increased the block size to allow more transactions and aim for greater scalability. This type of split not only affects the technical aspects of cryptocurrencies but also reflects differing visions within the community. #btc #bch #hardfork $BTC $BCH

An intriguing fact about the cryptocurrency industry is the phenomenon of "hard forks." A hard fork occurs when a blockchain diverges into two separate chains that are incompatible with each other. This usually results from disagreements within the community about updates or changes to the blockchain protocol. A famous example is "Bitcoin Cash," which emerged as a hard fork from Bitcoin in 2017 due to disagreements over block size. While Bitcoin retained a smaller block size to prioritize security, Bitcoin Cash increased the block size to allow more transactions and aim for greater scalability. This type of split not only affects the technical aspects of cryptocurrencies but also reflects differing visions within the community.

#btc #bch #hardfork $BTC $BCH

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