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Soft Fork vs. Hard Fork
bitcoinforum.com:
A good question asked by OratesFratres and a very good repply by asaltandbuttering on r/bitcoinforum
Q:
--- Quote ---Could someone explain to me what these even mean? I'm still new to this, it's just that I'm still learning the terminology.
Source: https://www.reddit.com/r/Bitcoinforum/comments/7u2dq9/soft_fork_vs_hard_fork/
--- End quote ---
A:
--- Quote ---Hard fork creates a new network which folks must update their software to join. Soft forks do not create a new network.
Source: https://www.reddit.com/r/Bitcoinforum/comments/7u2dq9/soft_fork_vs_hard_fork/dthkeyb/
--- End quote ---
Andriano22:
This topic is interesting to me. Thank you for the information.
Begaing:
There are two ways to update a chain: a soft fork and a hard fork. Think of a soft fork as a software update that is backward compatible. How does that work? Even if you are using MS Excel 2005 in your laptop and you want to open a spreadsheet created with MS Excel 2015, you can still do so because MS Excel 2015 is backward compatible.
Begaing:
There are two ways to update a chain: a soft fork and a hard fork. Think of a soft fork as a software update that is backward compatible. How does that work? Even if you are using MS Excel 2005 in your laptop and you want to open a spreadsheet created with MS Excel 2015, you can still do so because MS Excel 2015 is backward compatible.
Swiss_cheese:
Quite educational, thanks!
Now I know the difference
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