Sentences with phrase «argued soft forks»
«I believe that conventional wisdom is wrong,» he wrote in a piece that argued soft forks have not always gone off without difficulty.
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For instance, he argued that The DAO project, which experienced a notorious hack in 2016 due to coding bugs in its ethereum smart contracts, exposed a problem where decentralized systems must resolve technological issues through what he called «chaotic» hard or soft forks.
«Soft forks are backwards compatible and opt - in,» shaolinfry argued in a follow - up email.
Also beneficial, developers argued, was that it could be introduced via a mechanism called a soft fork (meaning that miners who adopted it could co-exist on the network with those that did not).
Hard forks and soft forks do virtually the same thing, so Bitcoin Core argues that soft forks are to be preferred as they do not cause the amount of harm on the Bitcoin network as a hard fork can potentially do since users can choose to upgrade to new features when they want to, or remain or the current Bitcoin core version that they are on.