A fork occurs when a blockchain splits into two separate paths, creating a new version of the software. This can happen for various reasons, including changes in protocol, disagreements among developers, or the introduction of new features.There are two main types of forks: soft forks and hard forks. A soft fork is a backward-compatible update, meaning that nodes running the old version can still recognize and validate blocks from the new version. This type of fork typically results in minimal disruption.A hard fork, on the other hand, is not backward-compatible. It creates an entirely new version of the blockchain that diverges from the original. After a hard fork, nodes that have not upgraded to the new version will no longer recognize the blocks added to the new chain. Hard forks can lead to the creation of a new cryptocurrency, as seen with Bitcoin Cash, which split from Bitcoin in 2017.Overall, forks are an essential mechanism for evolving blockchain technologies and can reflect differences in vision among developers or communities.

Volcon Discloses $375M Bitcoin Holdings, Expands Stock Repurchase Program
On July 25, 2025, Volcon Inc., an electric powersports company, reported that it currently holds 3,183.37 Bitcoins (BTC), purchased at