Since its inception in 2009, Bitcoin has undergone several forks, or splits, that have given rise to new cryptocurrencies and variations of the original protocol. As of May 2024, there are over 100 Bitcoin forks in existence, with varying degrees of adoption and success.

These forks have sparked intense debates within the cryptocurrency community. Some view them as catalysts for innovation and progress, while others perceive them as disruptive forces that undermine the network’s stability and core values.

And this dichotomy is precisely what we’ll zero in on today. We’ll look at why these forks happened, what they have achieved, and what they mean for Bitcoin’s future.

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