Hello everyone! Today's 100-day challenge in the crypto world, we are going to talk about two types of fork mechanisms in blockchain - Soft Fork and Hard Fork. Both are important methods for blockchain upgrades and transformations, with profound impacts on network operations and participants. Today, let's learn about their differences, operating principles, and practical applications!
Adjustment and Transformation 🏗️
If we compare blockchain to a straight highway, a soft fork is like adjusting road signs, which does not require rebuilding the highway, and all vehicles can continue to drive; whereas a hard fork is like adding a completely new branch road, allowing some vehicles to turn onto the new road, but the two roads will diverge and operate independently.