Chain Split
| A chain split is a cryptocurrency fork that relates to the separation of a single initial coin into many separately managed initiatives. A chain split can happen for a variety of reasons, but the most common reason is a disagreement among the developers of the original coin about the future direction of the project. When this happens, the developers will each create a new version of the coin with different rules, and these new coins will compete with each other for miners and users. Chain splits can also happen when a group of developers decides to fork an existing coin in order to create a new coin with different features. |
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