What is Hard fork and Soft Fork in Blockchain - 10% beneficiary to @tron-fan-club.
Hello my dear Friends of Tron Fan Club.
How are you my all friends of this great and wonderful community? I hope my all friends will be good and happy, by the grace of God I am also happy and well.
In this crypto world, it is very important yo knowledge the basic and important things that related to blockchain. On this occasion, i will share some basic information about hard fork and soft fork that happens in the blockchains. So lets start.
First of all it is very important to know the word fork. Any software that fix the problem and bug and update the system in the crypto world. So these updates are known as Fork. Hard fork have the mechanism to change the system or update the system on large scale. For example, a coin is at version 1.0 and then update the overall mechanism of the coin and new version will 2.0 so it is known as hard fork. In the hard fork, new method and rules will implemented. Most currencies are decentralized network that is known as nodes and every nodes follow the same rules to work properly, these set of rules known as protocol.
Hard fork and Soft fork both these fork want to fundamentally change in the protocol. In the soft fork, just update the non-upgraded node. But in the hard fork the whole system or blockchains are updated with new version. Everyone need to accepted and work with the new version.
Some years ago, Every steemit user face the Hard fork in which a new blockchain developed with the name of “Hive”. Hard fork request to all node to upgrade the system to the new platform protocols but the old version will also run with the new protocols.
I hope you all guys understand the hard fork lecture. If you have any type of query then you can share it in the comment section.
Thank You Guys For giving your precious time on my Post.
Is like Bitcoin Cash and Bitcoin Gold, isn't it?
Anyway thank you for this informations
General users should know about these two forks. When hard fork happens in the blockchain then everyone ask about the fork. Now it will be clear to all. Thanks
I had no idea about hard forks and soft forks. But after reading your post, I came up with an idea about a new topic. Your post was always informative. Thank you.
Honestly brother I had no idea about this and I tried to learn something by translating something through your post
The name hard fork and soft fork are really comical
I had to read this post and I was quite amazed to find out they are really terms used in the crypto world