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Apart from its most well-known application in cryptocurrencies, this ground-breaking technology is ushering in a new collaborative approach to processing transactions of all kinds in an increasingly connected world. Blockchain technology has the potential to reduce the number of elements involved in traditional systems, whether in banking, logistics, the Internet of Things (IoT), healthcare, or

Like all software and operating systems, blockchains require regular updates. The updates increase functionality, fix security concerns, and settle a dispute among the community about the future course of the coin. Read further to understand what a blockchain fork is in detail. Blockchain Forks A blockchain fork is a technical phenomenon that occurs when a