Sentences with phrase «example of a soft fork»

An example of a soft fork is when the new rule states that the block size will be changed from the current 1 MB (1,000 KB) to 800KB.

Not exact matches

Past examples of successful soft forks include software upgrades like BIP 66 (which dealt with signature validation) and P2SH (which altered bitcoin's address formatting).

For example, code for the Segregated Witness soft fork as included in Bitcoin Core clients, will enforce the Segregated Witness rules once 95 percent of newly mined blocks include a specific piece of data in the coinbase strings.

However, if the majority of the community does not support the decision (for example, users will continue mining on the old chain in spite of both pools supporting the soft fork), then it will not be followed.

Past examples of successful soft forks include software upgrades like P2SH (which altered bitcoin's address formatting) and BIP 66 (which dealt with signature validation).