BlockChain

Forks 101: A beginners guide to cryptocurrency forks

Posted on
What is a crypto fork or a bitcoin fork

Before we explain what a cryptocurrency fork is. It is best to understand some common terms. So first things first, the basics: Mining Mining is the process of validating transactions via cryptographic ecalculations. Miners are rewarded in cryptocurrency (the crypto being mined) for their effort. The reward is usually a variable ‘mining fee’. Digital signature […]