Quote:
Originally Posted by rogueteens
what is a fork (Aside from the obvious!)?
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A fork is like a clone of an existing coin that does something different, usually because a group of users are not happy with the development/marketing etc direction a coin is taking.
For example, Bitcoin Cash forked off Bitcoin [Core], because the developers of the latter are solving the "transaction crisis" by focussing on developing and integrating a complex second layer technology called Lightning, whereas Bitcoin Cash simply raises the block size limit to allow more transactions to fit into each block.
With a fork, generally all transactions (and held balances) up to the fork point are shared by both coins. After the fork the blockchains become different. Like a straight road that splits into two, with each going off in different directions... except you can go down both
