Crypto Vlog (11) : What is Hard Fork (and Soft Frok) in Blockchain Technology.
Hi Friends,
Today's Content: Crypto Vlog (11)
Topic Name: "What is Hard Fork and Soft Fork
Topic Description:
In today's video, I am have shown the difinition of Hard fork and Soft Fork of Blockchain.
A hard fork (or sometimes hardfork), as it relates to blockchain technology is a radical change to the protocol that makes previously invalid blocks/transactions valid (or vice-versa).
Hard fork
A hard fork is a rule change such that the software validating according to the old rules will see the blocks produced according to the new rules as invalid. In case of a hard fork, all nodes meant to work in accordance with the new rules need to upgrade their software.
Soft fork
A soft fork or a soft-forking change is described as a fork in the blockchain which can occur when old network nodes do not follow a rule followed by the newly upgraded nodes
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