4min chapter

Bitcoin Rapid-Fire cover image

Jameson Lopp: Bitcoin Covenants, OP_VAULT, Upgrade vs. Ossification & Casa Changes

Bitcoin Rapid-Fire

CHAPTER

What Are the Risks of Soft Forks?

The last real consensus failure that we had was back in 2013. That actually occurred as a result of a change that wasn't even understood to be a consensus change. Bitcoin is simultaneously arguably the most like anti-fragile thing uh at least on the internet internet but the flip side of this if you talk to the protocol developers the Bitcoin protocol is incredibly brittle and by that I mean that making changes to the protocol are highly risky.

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