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RE: It Is Extremely Important To Know The Difference Between A Hardfork And A Softfork

in #bitcoin7 years ago

The primary difference between a soft fork and hard fork is that it is not backward compatible. Once it is utilized there is absolutely no going back whatsoever. If you do not join the upgraded version of the blockchain then you do not get access to any of the new updates or interact with users of the new system whatsoever.