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.
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
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Cardano chalks a bearish wedge as ADA price soars by over 100% in Q3
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Cardano price eyes $3, but ADA chart fractal hints at a potential 40% correction
The Bitcoin Taproot upgrade will activate later in 2021 as developers urge to create applications that will leverage its advantages.
Bitcoin Taproot locked in to improve privacy and introduce smart contracts
With Taproot achieving the 90% critical consensus mark among mining nodes, all is now set for Bitcoin soft fork activation later in November.
Bitcoin Taproot upgrade finally locked-in, activation set for November
The largest Bitcoin mining pools are signaling for Taproot, but the activation may not reach the 90% critical consensus mark during this current difficulty epoc...
Almost all major Bitcoin mining pools now signaling for Taproot activation
Major Bitcoin miners have begun signaling for Taproot activation that will improve scalability and privacy for the largest cryptocurrency by market capitalizati...
Almost half of Bitcoin hash rate signaling for Taproot activation