The hard fork vs soft fork debate is shrouded in mystery and misinformation. In this video, we’ll examine some key points to these arguments and look at why Decred is working towards becoming the first blockchain to be hard fork only.

All software needs to be updated to fix issues, increase performance or improve security, and blockchain protocols are no different. In Blockchain, those upgrades are called forks and there are two main kinds of upgrade, soft fork or hard fork.

For those not in the loop, Decred is building a Decentralised Autonomous Organisation (DAO) around the premise of sound money. Decred has a fix maximum supply of 21 million, is governed by its coin holders and is self funded from its decentralised treasury.

Through its decentralised, open sources and fee-less exchange (DCRDEX), Decred aims to be not only a project for peer to peer transactions but a platform for peer to peer exchange. An interoperability factor unparalleled by any other project.

Join us on our journey through the economic and social landscape of modern society and the potential for a better future. This channel does not provide financial advice and you should never invest your hard-earned money without first doing your own research and due diligence.

* Video Content for this Podcast can be found on the Decred Youtube Channel - https://www.youtube.com/c/DecredChannel

* and the Decred Society Youtube Channel - https://www.youtube.com/DecredSociety

* Engage with us on Twitter - https://twitter.com/DecredSociety

* Visit the website - https://www.decredsociety.com

Thank you so much for listening! If you want to support the channel please subscribe, like and comment.

Tips are also appreciated! If you wish to donate via Decred $DCR, here is the Decred Society Receive Address: DscC8isCpbbSbgY9gRXLdcnLK4PmMbJeB5K

Hard Fork vs Soft Fork - Decred Fundamentals