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Test Your Knowledge

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What is a Soft and Hard Fork?

Question 1:


What is a fork in the context of blockchain technology?

A. A change to the blockchain’s protocol that may split it into two versions


B. A new mining technique to improve transaction speeds


C. A tool used to encrypt blockchain data

Question 2:


Which of the following is true about soft forks?

A. They are not backward compatible


B. They can create a new cryptocurrency


C. They introduce changes that old versions can still accept

Question 3:


What is a key feature of hard forks?

A. They are backward compatible


B. They add features without changing the blockchain rules


C. They can lead to the creation of a new cryptocurrency

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