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.
News
Developers don't want to move too fast.
Bitcoin’s Taproot is ready to go, but it's unlikely to be included in the next release
Andrey Shevchenko
2020-10-16T18:19:49+01:00
8927
News
The Taproot conversation is continuing with the Bitcoin community having to decide how to begin the months-long activation process.
Six Months Later, Bitcoin Community Finally Debates How to Activate Taproot
Andrey Shevchenko
2020-07-15T19:30:00+01:00
4094
News
Steem has completed a soft fork which sanctions the account that went rogue and sent 23.6 million STEEM to Bittrex in protest of a recent hard fork.
Steem Soft Forks to Sanction Mysterious 'Community321' Account
Samuel Haig
2020-05-22T18:47:00+01:00
3178
News
Steem has again taken aim at the blockchain's former validators, executing a soft fork to freeze 17.6 million tokens associated with its previous witnesses.
Steem Soft Forks to Freeze 17.6M Tokens Held by Former Witnesses
Samuel Haig
2020-04-06T12:22:00+01:00
3297
News
The CEO of Reserve thinks central banks will tokenize their currency, but businesses will choose other stablecoin services for their privacy.
Reserve CEO Predicts Central Banks Will Tokenize, Still Room for Stablecoins
Max Boddy
2019-05-15T21:26:00+01:00
3900
News
Bitcoin developer Pieter Wuille has unveiled two proposals on GitHub for a Taproot soft fork to address privacy issues.
Bitcoin Developer Publishes Two Proposals for a Taproot Soft Fork
Max Boddy
2019-05-07T02:20:00+01:00
11879
News
Charlie Lee, Litecoin’s creator, declared that “fungibility is the only property of sound money that is missing from Bitcoin & Litecoin.”
Litecoin Creator Charlie Lee to Make Coin More Fungible and Private
Adrian Zmudzinski
2019-01-29T16:55:00+00:00
10901
News
One of the Blockstream co-founders suggests a new Bitcoin scaling concept that allegedly does not deploy a hard fork.
Bitcoin’s Block Size Can Be Increased Without Hard Fork, Says Blockstream Co-Founder
Helen Partz
2018-10-06T20:58:00+01:00
14505

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