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Distributed ledgers do not have to involve cryptocurrencies and can be either private or permissioned. Also known as a “chain split,” a fork is a split that creates an alternate version of a blockchain that then leaves 2 blockchains running simultaneously. For example, Bitcoin and Bitcoin Cash came about due to a fork in the original Bitcoin blockchain. Another type of fork is known as a “project” or “software fork. For example, Litecoin is a project fork of Bitcoin. An initial coin offering (ICO) occurs when a new digital currency or token is sold, typically at a discount, to its first set of investors, Buy gift card with cryptocurrency EOS, buy gift card psn with polkadot. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. 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