What is a hard fork?

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A hard fork is a major blockchain upgrade creating a new, separate chain, incompatible with the old one. Bitcoin (BTC) has had forks like Bitcoin Cash, splitting over block size. Ethereum (ETH) forked to recover hacked funds in 2016, creating Ethereum Classic. Binance Coin (BNB) operates on Binance Smart Chain, which avoids such splits. Hard forks can divide communities and affect prices. They’re technical but impact holders. Curious about past forks? Check Bitcoin’s history!

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