Forks in blockchain networks can lead to the creation of new cryptocurrencies and chains from "summary" of Blockchain Technology Explained by Alan T. Norman
When a fork occurs in a blockchain network, it essentially splits the network into two separate paths. This can happen for various reasons, such as disagreements among developers, updates to the protocol, or attempts to improve the functionality of the network. One of the outcomes of a fork is the creation of a new cryptocurrency. This happens because the new path taken by the forked network may introduce changes to the original blockchain's code, resulting in a new set of rules governing the network. These changes can lead to the birth of a new digital currency that op...
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