Guide to Forks: Everything You Need to Know About Forks, Hard Fork and Soft Fork

[pujasingh]

Each software requires updates to keep them up to date with the changing dynamics and to enhance their offering. In the dictionary of Crypto, it is termed as “forks”. As you have heard already, Soft Fork and Hard Fork are two types of forks. If put in simple words, the only difference between the two forks is that Soft Fork also supports the prior version of the software whereas Hard Fork is a permanent alteration which is not compatible with the earlier version.

Fork is a sort of upgrade or update in the program code of the blockchain that modifies the working principle of the intact blockchain. Now, the question is what is Soft fork and Hard fork in blockchain? These are two types of Forks, one of which can be reversed, i.e. Soft Fork and the other is backwards-incompatible, i.e. hard Fork.