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What does the fork mean in the spot trading of cryptocurrency (forked coin BCHa)?

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What does the fork mean in the spot trading of cryptocurrency? According to Pec

What does the fork mean in the spot trading of cryptocurrency (forked coin BCHa)?

What does the fork mean in the spot trading of cryptocurrency? According to PeckShield, a blockchain security company, a fork in cryptocurrency refers to a new combination of two separate letters and two decimal digit assets that is split from the transaction of the “coin”. In simple terms, a “fork” occurs when there are two independent letter and digit combinations in the contract code. Mainstream cryptocurrencies like Bitcoin Cash (BCH), Ethereum Classic (ETC), Litecoin, and Monero all have their own disk storage space and dedicated hardware for processing. “Fork” is also a special trading method where users receive two different coins when a hard fork occurs in the exchange.

Forked Coin BCHa

According to Bitcoin news, there is a certain correlation between the forked coin BCHa and Bitcoin SV after the hard fork. According to CoinMarketCap, the current price of BCH is $20.000001, with a market capitalization of approximately $100 million and a daily trading volume of over $800 million. Previously, the Bitcoin ABC team announced their support for the original algorithm stable version BCHv (BTC-BCHSV) of Bitcoin Cash ABC, and plans to release a new version based on the BIP7 protocol.

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