Ethereum co-founder Vitalik Buterin has summarized the implications of soft and hard forks amid growing tensions surrounding Bitcoin’s future.
“...There is an essential difference between hard forks and soft forks: hard forks are opt-in, whereas soft forks allow users no “opting” at all,” he wrote earlier this week.
The Bitcoin price was under downward pressure Friday as the community awaits Chinese regulatory announcements and indecisiveness over SegWit and Bitcoin Unlimited continues.
After Unlimited succumbed to a bug earlier in the week, rhetoric between the opposing sides became even harsher.
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