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Cryptocurrency hard fork explainedThe first hard fork splitting bitcoin happened on 1 August , resulting in the creation of Bitcoin Cash. The following is a list of notable hard forks. Since major digital currencies like Bitcoin and Ethereum have already had some forks, and the IRS is paying more attention to them�even issuing new guidance in. Hard forks can lead to the creation of new cryptocurrencies: When a hard fork occurs, a new cryptocurrency is created. This can be beneficial for investors.
