Tagged with bitcoin

Jeff Coleman

How to Soft Fork any Feature into Bitcoin

I was recently having a conversation with someone about the new segregated witness work (terrible name!) in Bitcoin and I realised that most people aren't aware of a simple and interesting fact: any possible feature upgrade to Bitcoin could be done as a "soft fork". So it's explanation time! First, let's remind ourselves of the difference between "soft" and "hard" forks. A "hard" fork is a change in the bitcoin software protocol which will cause ...

soft fork bitcoin