Soft Fork News

A soft fork is some modification made in a cryptocurrency’s source code that doesn’t lead to the division of blockchain, as happens with a hard fork. After a soft fork, only the previous transactions and blocks become invalid. Nevertheless, if users don’t want they don’t need to upgrade all the system because old nodes will continue working. There are two kinds of soft forks, such as a miner-activated soft fork (MASF), which means that the new rules are accepted when the majority of miners’ upgrade, and a user-activated soft fork (UASF), when the appliance of new rules happens without the miners’ support. The recently-made protocol upgrade in Bitcoin is a great example of a soft fork. Also, one of the most popular examples is the Ethereum soft fork that was made to reset all transactions that had been made by a hacker in order to get the money back.
Overview
The game theory of Bitcoin and cryptocurrencies analyzes the behavior and strategies of participants in the market using concepts such as the prisoner’s dilemma...
The game theory of Bitcoin and cryptocurrencies
Guneet Kaur
2023-04-21T14:07:00+01:00
4202
News
Back in November, the percentage of Ethereum blocks complying with orders from the Office of Foreign Asset Control peaked at 79%.
OFAC-compliant blocks on Ethereum hit three-month low of 47%
Brayden Lindrea
2023-02-14T05:35:00+00:00
4800
News
Smart contract functionalities on the Bitcoin network could boost adoption and provide additional liquidity to DeFi.
A year after Taproot, Bitcoin community works to unlock its DeFi potential
Ana Paula Pereira
2022-12-09T21:00:00+00:00
10755
News
Bitcoin celebrates a milestone of 5,000 days online on Sept. 12, 2022, as miners continue to solve valid blocks on average every 10 minutes.
While the banks were closed, Bitcoin reached 5,000 days online
Joe Hall
2022-09-12T16:15:00+01:00
2938
News
A Glassnode report reveals that some major cryptocurrency exchanges are still holding despite being heavy consumers of Bitcoin block space.
Bitcoin SegWit adoption lags among major exchanges: Glassnode
Joe Hall
2022-02-04T14:20:00+00:00
2656
Market Analysis
Bitcoin’s price has hit resistance while trading 7.75% below its all-time high, but derivatives data shows pro traders are still aiming for $80,000 by January.
Bitcoin has stalled, but here’s why pro traders still expect $80K by January
Marcel Pechman
2021-11-16T00:43:12+00:00
32659
Breaking news
The Taproot soft fork introduces the concept of Merkelized Abstract Syntax Tree (MAST) to improve the scripting capabilities and privacy of the Bitcoin network.
BREAKING: The Bitcoin network welcomes Taproot soft fork upgrade
Arijit Sarkar
2021-11-14T05:16:04+00:00
25545
News
The Taproot upgrade was set for deployment after achieving a 90% consensus among the Bitcoin miners (mining nodes).
Bitcoin soft fork days away as Taproot upgrade closes in
Arijit Sarkar
2021-11-07T11:05:00+00:00
32955

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