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
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
3360
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
3424
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
3983
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
12027
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
11064
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
14625
Bitcoin price surges to new all time high just two days before the activation of Segregated Witness, markets appear highly optimistic
Bitcoin Price Breaks All Time High Less Than Two Days Before SegWit Lock-in
David Dinkins
2017-08-07T14:27:00+01:00
31621
The controversial Bitcoin Cash, has rocketed to be the third-biggest cryptocurrency in terms of its market cap in less than 24 hours, overtaking Ripple.
Bitcoin Cash Third-Biggest Cryptocurrency On First Day of Creation
Darryn Pollock
2017-08-02T09:05:00+01:00
28743

Follow us on Facebook