BLOCKCHAIN WARS: HARD FORKS AND SOFT FORKS EXPLAINED - $BTC vs $BCH vs $LTC

A fork is a change to a blockchain’s underlying protocol that runs the system.

Hard Fork refers to the splitting of a Blockchain into two because of disagreements between developers on changes to the system. This creates a new cryptocurrency running on its own Blockchain. Bitcoin Cash is a Bitcoin hard fork.

A Soft fork on the other hand allows new rules to be introduced without requiring all users to enhance their software. Litecoin is a Bitcoin soft fork.

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