14 views
in Cryptocurrency by (0 points)
How does the concept of "fork" relate to the development of Bitcoin's protocol?

Please log in or register to answer this question.

1 Answer

0 votes
by (0 points)

In the development of Bitcoin's protocol, the concept of "fork" refers to a change in the rules of the blockchain that results in two separate paths, creating two different versions of the blockchain. There are two main types of forks in the context of Bitcoin's protocol: soft forks and hard forks.

  1. Soft Fork: In a soft fork, the new rules are backward-compatible with the existing rules. This means that nodes that have not upgraded to the new_
...