Various systems, methods, and processes for caching and referencing multiple fingerprints while data operations are ongoing are disclosed. A first fingerprint is generated based on a first fingerprinting process. The first fingerprint is stored in association with a second fingerprint, which is based on a second fingerprinting process. The first fingerprint and the second fingerprint are associated with the same data segment. Data operations such as a backup operation, a restore operation, or a replication operation can be performed while the conversion of the data segment from the second fingerprint to the first fingerprint is ongoing.