What is a fork in cryptocurrency?

What is a fork in cryptocurrency?

a) A division of a blockchain into two separate chains
b) A method for securing transactions
c) A type of decentralized wallet
d) A way to mine new coins

Answer:

a) A division of a blockchain into two separate chains

Explanation:

A fork occurs when a blockchain diverges into two separate chains due to differences in the protocol or consensus mechanism.

Reference:

Cryptocurrency Quiz – MCQ Questions and Answers

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