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“FORKING” CRYPTOCURRENCIES

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A fork occurs when one cryptocurrency splits into two. That is, the network nodes fall out of consensus, and a copy is made of the cryptocurrency software, a change is made to the copy, and the two different software sets then build separate blockchains Thus, for example, in January 2015, a copy of the DASH code, named DNET, was made. Both DASH and DNET then continued development as separate cryptocurrencies, and DNET was later renamed PIVX (Private Instant Verified Transaction).

Cryptocurrency Mining For Dummies

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