What are the disadvantages of a hard fork (difference between hard fork and soft fork)?
What are the disadvantages of a hard fork? According to coindesk, a hard fork h
What are the disadvantages of a hard fork? According to coindesk, a hard fork has three characteristics for Bitcoin: one is completely irrelevant “change”. Another is called the consensus algorithm. When certain parts of the network (such as block producers) change, the system will automatically update; but without any other modifications, these functions will be deleted or re-enabled. What are the pros and cons of a hard fork? Simply put, users do not want to extract all their funds and data from their own wallets.
Difference between hard fork and soft fork
According to coindesk, according to recent reports, blockchain protocols have experienced two types of forks in the first quarter of 2018: hard forks and soft forks (Slash). The biggest difference between the two is the speed of code library updates, which means that developers can upgrade the software to keep it running smoothly and continue working. Unlike a hard fork, a hard fork is a technology based on cryptographic operating system changes, which allows anyone in the network to automatically modify the code through smart contracts, making it more secure, easily accessible, and more decentralized.
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