Forks

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Greetings to you all,
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✍️What are forks and when they occurs?

When we are talking about forks it actually refers to a process, whereby a new version of cryptocurrency is generated or created from two separate paths or blockchains. These actually happened if a group of developers decided to invite changes to the ideal or initial protocol from the existing versions.

Forks is divided into two viz:

• Hard Fork (HF)
• Soft Fork (SF)

Forks tend to occur because of some various reasons but few are:

• Due to desire for new innovation or improvement in performances,
• It might likely because of misunderstanding between developers and miners in times of irregularities,
• Because of privacy and policies.

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✍️Distinguish between fork types?

Forks has two major types which I've listed them above they are:

Hard forks (HF)(Permanent)

• Hard forks it deals with a permanent change in a block chain's protocol that actually makes previously invalid blocks or transactions more valid, these changes actually creates a fresh block chain that diverges the original one.

• One thing about Hard forks is that it creates new blockchains, is highly permanent And very irreversible, thereby requires all devices and miners to upgrade to the proposed software, Examples of this hard forks are Bitcoin Cash(BCH).

Soft Forks (SF)(Temporary)

• When talking about Soft Fork we are talking about flexibility, which is soft Forks is a temporary change in a block chains protocol that makes the previous one an invalid blocks or transactions valid, but also allows devices or nodes and miners to work on the original chain for smooth functioning.

• One thing about soft Forks is that is temporary changes occur when there's need to do so, the examples of soft Forks is segregated witness (segwit) which was upgraded on Bitcoin and was implemented through soft forks dated 2017, that is actually recommended for increased in transactions freely without any chain in divergences.

In conclusion, Hard Forks is practically a permanent divergence, which occurs in new blockchains and in cryptocurrency world,
Then, Soft Forks as the name implies is a temporary changes that often allowed for a smooth functioning or upgrade with no need of splitting the chain.

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