An Ultimate List of Bitcoin Forks

Bitcoin
forks
are
one
of
the
prominent
aspects
in
the

cryptocurrency
and
blockchain
landscape.

Public
blockchain
networks
such
as
Ethereum
and

Bitcoin
operate
on
the
foundation
of
decentralization
which
focuses
on
achieving
agreement
between
all
the
network
participants
on
the
state
of
the

blockchain
network. Unanimous
consensus
between
network
participants
is
essential
for
creating
a
single
blockchain
that
includes
data
on
verified
transactions.
The
list
of
Bitcoin
forks
is
a
proof
of
the
consequences
that
arise
due
to
failures
in
achieving
consensus
on
the
expected
state
of
blockchain
in
future.

Forks
are
a
common
solution
in
scenarios
where
a
blockchain
network
has
to
change
the
way
it
works.
As
of
November
2023,
there
are
more
than
70
active
forks
of
the
Bitcoin
network.
Technically,
you
can
find
over
100
different
forks
throughout
the
timeline
of
Bitcoin
history
although
many
of
them
have
become
inactive.
Let
us
learn
more
about
forks
and
understand
the
details
of
the
most
notable
Bitcoin
forks. 

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What
are
Forks
in
Blockchain?

The
curiosity
to
learn
about
Bitcoin
forks
might
have
piqued
your
interest
to
familiarize
with
the
working
of
forks.
The
forking
mechanism
involves
copying
and
modification
of
the
source
code
for
generating
a
new
blockchain
from
the
original.
Forks
are
common
in
the
case
of
open-source
blockchains
that
offer
the
flexibility
to
access,
edit
and
modify
the
code
without
any
restrictions. 

You
can
discover
answers
to
queries
like
“How
many
Bitcoin
forks
are
there”
in
the
categories
such
as
codebase
and
live

blockchain
forks.
Codebase
forks
involve
copying
the
blockchain
code
and
modifying
it
according
to
your
needs.
Most
of
the

altcoins
use
the
code
of
Bitcoin
with
few
changes
to
create
a
completely
new
experience.

Live
blockchain
forks
involve
accidental
or
temporary
forks
and
intentional
forks.
Accidental
or
temporary
forks
emerge
in
situations
where
network
nodes
have
conflicting
opinions
about
the
chronological
sequence
of
events.
Intentional
forks
involve
intentional
modification
of
the
code
of
the
blockchain
for
different
purposes,
thereby
leading
to
the
formation
of
soft
forks
and
hard
forks.

Soft
forks
involve
modification
of
a

blockchain
protocol
in
a
backwards-compatible
manner,
implying
that
there
would
be
no
conflict
between
old
and
new
rules.
Hard
fork
is
evident
in
scenarios
where
the
software
required
for
running
a
full
node
is
changed.
It
means
that
all
the
nodes
operating
on
the
new
chain
would
have
to
update
their
software
or
protocols
according
to
the
new
chain.
The
most
noticeable
highlight
of
hard
forks
is
that
they
are
not
backwards-compatible
with
the
original

blockchain. 

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Purpose
of
Blockchain
Forks 

The
search
for
most
popular
Bitcoin
forks
is
also
likely
to
make
you
curious
about
the
necessity
of
forks.
Do
blockchain
forks
offer
any
meaningful
advantages?
You
might
have
many
other
similar
questions
on
your
mind
when
you
think
about
forks
for
a
popular
blockchain
like
Bitcoin.
The
advantages
of
blockchain
forks
can
help
you
understand
the
reasons
for
which
you
need
Bitcoin
forks.

First
of
all,
blockchain
forks
help
in
adding
new
functionalities
with
regular
upgrades.
Most
of
the
public
blockchains
are
open
source,
network
participants
can
use
forks
as
a
solution
to
release
new
versions
and
resolve
issues.
For
example,
the
best
Bitcoin
forks
can
be
aimed
at
solving
security
issues
or
creating
completely
new
cryptocurrencies.
Forks
can
also
help
the
blockchain
community
stop
all
transactions
for
a
certain
period
of
time
when
they
identify
any
malicious
transaction.

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Technology
Course to
learn
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Bitcoin
mining
and
the
information
contained
in
transactions
and
blocks.

What
are
the
Most
Notable
Bitcoin
Forks?

You
can
find
more
than
100
forks
in
the
Bitcoin
blockchain
throughout
its
history.
However,
most
of
them
are
not
functional
now
as
they
could
not
garner
the
interest
of
the
broader
blockchain
community.
Let
us
take
a
look
at
the
top
Bitcoin
forks
which
have
played
a
major
role
in
transforming
the
cryptocurrency
landscape.

• 
  Bitcoin
  XT

The
first
addition
among
the
list
of
hard
forks
of
the
Bitcoin
blockchain
is
Bitcoin
XT.
It
focused
on
the
implementation
of
new
features
and
achieving
better
transaction
speed
on
the
Bitcoin
network.
The
fork
primarily
aimed
at
expanding
the
block
size
to
almost
8MB.
However,
it
has
experienced
a
sharp
decline
in
popularity
since
its
implementation. 

At
the
time
of
creation,
Bitcoin
XT
had
more
than
a
thousand
nodes.
The
project
had
started
declining
in
early
2016
despite
being
a
hard
fork
of
Bitcoin
Core.
Bitcoin
XT
is
still
under
maintenance
albeit
on
a
minor
scale.

• 
  Bitcoin
  Classic 

The
discussions
about
Bitcoins
forks
list
price
estimates
also
draw
attention
towards
the
failure
of
Bitcoin
XT.
It
established
the
foundations
for
developers
to
expand
the
size
of
blocks
thereby
leading
to
the
creation
of
Bitcoin
Classic.
Bitcoin
Classic
aimed
at
increasing
the
block
size
to
2MB.
The
fork
gained
popularity
in
2016
with
almost
2000
nodes.

As
of
now,
the
project
has
only
around
100
nodes
and
still
exists.
Within
8
months
of
launching,
the
project
changed
its
direction
and
focused
on
a
block
size
that
aligns
with
the
requirements
of
the
market. 

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• 
  Bitcoin
  Unlimited 

The
next
addition
to
the
list
of
Bitcoin
forks
is
Bitcoin
Unlimited
that
gained
traction
in
January
2016.
It
is
still
popular
although
not
at
the
level
at
which
it
was
at
the
time
of
launch.
At
the
same
time,
it
is
just
behind
the
Bitcoin
Core
network
in
terms
of
number
of
nodes.
Bitcoin
Unlimited
has
around
650
nodes
in
the
network.

The
forking
strategy
for
Bitcoin
Unlimited
presents
a
unique
example.
Bitcoin
Unlimited
released
the
code
albeit
without
any
clear
instructions
regarding
the
type
of
fork
it
uses.
The
design
of
Bitcoin
Unlimited
suggests
that
the
network
would
require
more
than
75%
of
the
miners
for
approving
transactions.
Miners
can
choose
the
size
of
the
block
in
this
hard
fork
along
with
the
flexibility
to
set
limits
to
the
size
of
acceptable
blocks. 

• 
  Segregated
  Witness 

Segregated
Witness
or
Segwit
is
another
prominent
Bitcoin
fork
that
caught
the
attention
of
the
crypto
community
for
different
reasons.
It
was
proposed
as
an
idea
in
December
2015
and
gained
immense
traction
within
a
few
weeks.

Segwit
is
one
of
the
best
Bitcoin
forks
that
adopted
an
innovative
approach
to
create
a
new
fork.
The
proposal
for
Segwit
came
with
BIP
41
that
served
as
a
type
of
hack
to
reduce
the
size
of
Bitcoin
transactions.

Bitcoin
transactions
include
different
components
such
as
the
signature.
Segwit
work
by
removing
signatures
to
reduce
transaction
size.
As
a
matter
of
fact,
signatures
eat
up
around
60%
of
the
total
Bitcoin
blockchain.
Segwit
works
by
storing
the
signature
on
an
extended
block
which
is
a
special
type
of
data
structure
for
this
fork.
Segwit
also
stands
out
for
offering
a
solution
to
transaction
malleability
which
has
been
a
formidable
bug
for
Bitcoin
blockchain. 

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• 
  Bitcoin
  Cash

The
answers
for
‘how
many
Bitcoin
forks
are
there’
would
obviously
lead
you
to
Bitcoin
Cash.
It
has
become
a
popular
Bitcoin
fork
for
solving
the
problem
of
scalability.
Many
people
didn’t
like
Segwit
because
it
happened
on
the
Bitcoin
blockchain
and
the
only
solution
was
to
implement
a
sudden
hard
fork.
Interestingly,
the
Bitcoin
Cash
fork
never
waited
for
support
and
allotted
a
specific
date
for
branching
away
from
the
Bitcoin
blockchain.

Bitcoin
Cash
wallets
rejected
Bitcoin
transactions
and
blocks
after
August
2017.
The
Bitcoin
Cash
fork
gained
support
from
popular
influencers
and
major

crypto
wallets.
Bitcoin
Cash
mining
is
a
more
profitable
option
as
miners
can
switch
to
Bitcoin
Cash
from
the
main
blockchain
when
Bitcoin
Cash
gains
value. 

The
discussions
about
Bitcoin
forks
list
price
in
the
case
of
Bitcoin
have
been
gaining
a
lot
of
momentum.
Bitcoin
Cash
has
been
through
a
lot
of
fluctuations
since
its
creation.
It
is
also
important
to
note
that
most
of
the
Bitcoin
Cash
generated
from
the
fork
has
not
been
claimed.

• 
  Bitcoin
  Gold 

The
list
of
hard
forks
for
Bitcoin
also
draw
attention
towards
Bitcoin
Gold.
It
happened
in
October
2017,
immediately
after
the
arrival
of
Bitcoin
Cash.
Bitcoin
Gold
is
one
of
the
most
popular
Bitcoin
forks
as
it
aims
to
solve
the
problem
of
mining
centralization.
Bitcoin
Gold
supports
mining
with
the
help
of
basic
GPUs
without
relying
on
specialized
hardware.

One
of
the
most
promising
highlights
of
Bitcoin
Gold
is
the
pre-mining
facility.
The
development
team
was
able
to
mine
around
100,000
coins
following
the
fork,
and
allocated
them
for
the
governance
of
the
Bitcoin
Gold
ecosystem.
Bitcoin
Gold
follows
many
of
the
fundamental
principles
underlying
the
design
of
Bitcoin
albeit
with
deviations
from
the

Proof
of
Work
algorithms.

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Final
Thoughts 

The
utility
of
forks
in
the
blockchain
landscape
offers
some
notable
reasons
to
think
about
Bitcoin
forks.
You
can
find
multiple
additions
to
a
collection
of
top
Bitcoin
forks
that
are
still
active.
The
hard
forks
and
soft
forks
on
Bitcoin
blockchain
have
a
major
role
in
the
blockchain
and
cryptocurrency
landscape.
The
popular
altcoins
in

cryptocurrency
markets
worldwide
have
been
designed
by
using
the
codebase
forks
of
Bitcoin.

As
you
explore
the
depths
of
the

cryptocurrency
landscape,
you
would
notice
that
Bitcoin
forks
would
improve
blockchain
and
cryptocurrencies
in
the
long
run.
The
success
of
existing
forks
would
pave
the
path
for
the
arrival
of
new
forks
for
different
new
needs.
Learn
more
about
upcoming
Bitcoin
forks
and
discover
their
importance
right
now.

*Disclaimer:
The
article
should
not
be
taken
as,
and
is
not
intended
to
provide
any
investment
advice.
Claims
made
in
this
article
do
not
constitute
investment
advice
and
should
not
be
taken
as
such.
101
Blockchains
shall
not
be
responsible
for
any
loss
sustained
by
any
person
who
relies
on
this
article.
Do
your
own
research!