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What is a Soft Fork?

Jul 17, 2017 Glossary 0

A software update that isn’t mandatory, because the new soft-fork rules also follow the old software rules. Computers running the old program will adjust to the new features implemented by the soft fork update. The update is reversible if the majority of miners decide the older version was more favorable.

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Jacques Y

Jacques is a founding partner and CEO of CryptoCanucks.com with a background in marketing and finance. He has a well-rounded foundation of knowledge in Investing, trading, blockchain and researching both Forex and the Cryptocurrency markets.

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