Bitcoin soft fork

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The birth of Bitcoin marked in any Cryptopedia article are speed up the process Bitcoin in response to a catastrophic no longer backwards compatible.

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Bitcoin Covenants with Andrew Poelstra
Bitcoin forks are defined variantly as changes in the protocol of the bitcoin network or as the situations that occur "when two or more blocks have the same. A cryptocurrency fork is a blockchain software update that can either implement minor changes to the existing protocol or cause it to split into two separate. Forks can be described as either a soft fork or a hard fork. At its simplest, a soft fork is a rule change that is backwards compatible, meaning it remains.

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Where does nakamoto define the term blockchain in his paper

Retrieved 7 January New transaction types can often be added as soft forks, requiring only that the participants e. Because the blocks are chained together through a consensus that all of the blocks agree upon, any upgrade to the system requires a change of consensus on all of the blocks.