Hard forks are a unique way to resolve disagreements on proposed protocol upgrades in cryptoasset networks. In the case where a faction within a cryptocurrency’s community disagrees with the majority of network participants, they can fork the code and operate their “own” chain.
This is what happened with Bitcoin (BTC) and its countless forks, many of which seemingly only exist(ed) to piggyback off Bitcoin’s brand to enrich its creators. ... Read More: 5 Bitcoin Forks: How They Performed Against BTC?