Sentences with phrase «soft forks present»
Soft forks present a lower risk of splitting the network and for that reason they have been the most commonly used option to upgrade the bitcoin blockchain so far.
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«The Bitcoin Core team believes doing a hard fork at the present time is needlessly risky, and is instead pursuing SegWit via a soft fork for a similar sized potential gain in throughput.»
One of the interesting attributes of Segregated Witness, as first presented at the Scaling Bitcoin workshop in Hong Kong, is that it can be rolled out as a soft fork.
Designed by its authors as a means to «motivate miners to report Segwit» and to overcome the constraints of the BIP 9, the BIP 148 presents itself as a soft fork «activated by users» By the nodes of the network and the exchanges.