GLOSSARY OF TERMS

 

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There are 2 names in this directory containing the search term fork. Clear results.
Hard fork
A permanent change to the blockchain whereby nodes that previously ran the old version of the blockchain will not be accepted until they upgrade to the latest version of the protocol software. A chain split occurs when the path follows the new upgraded blockchain and the other path continues using the previous ruleset.

Soft Fork
A change in the blockchain ruleset that does not deviate from the existing blockchain rules. Unlike a hard fork, an upgrade of the software protocol is not required for a soft fork. This is because the new rules are a subset of the old rules thereby allowing consensus to be maintained.


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