What is HardFork, SoftFork?

[spartacusrex]

For either a Soft or Hard fork, the majority of miners need to agree.

But with a soft fork, anyone running software that DOESN'T MINE, doesn't need to update their software or change anything.

The easiest soft-fork to understand is a reduction in the block size. So .. let's say the miners decide to Halve the Block Size.

All the people running validating nodes (not miners) don't have to change their software, as the blocks are still completely valid as far as they are concerned, they are just small.

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[SixOfFive]

Hardfork refers to a software change, which is not compatible with the older versions of the software. So, all the participants have to upgrade their softwares for participating in new transactions. If someone does not upgrade his softwares, he will separate from the blockchain network.
Softfork refers to that software upgrade which is compatible with the older versions. So if a participant does not upgrade his software, he will still be able to verify the transactions.

[bob123]

For either a Soft or Hard fork, the majority of miners need to agree.

A fork occurs when nodes (not explicitely miner) disagree on whatever rule and a block is mined which does not fit both 'understandings' of consens rules.
Additionally it does not need a majority to perform a fork. One single node is enough to create a (in this case: very shitty) fork.

[reflector]

For either a Soft or Hard fork, the majority of miners need to agree.

A fork occurs when nodes (not explicitely miner) disagree on whatever rule and a block is mined which does not fit both 'understandings' of consens rules.
Additionally it does not need a majority to perform a fork. One single node is enough to create a (in this case: very shitty) fork.

Especially in the hard fork time we will find the non upgraded nodes will not be able to validate the block done by the upgraded one. but soft fork divergence in the blockchain has been occured due to non upgraded nodes and mining will be waiting its own time mate.
This is the turn leaves the upgraded node blocks are being accepted as the strongest and faithy chain of events dude.

[Tynovten_]

Hard fork : In this type of change, will make a new feature, which was previously considered as invalid, into a block or transaction that valid. That means, in the software of Bitcoin in the previous version, a block or transaction is considered invalid, while in the new version block iconsidered to be valid.

Soft Fork : added validation rules that are strict. By limiting the set of transactions or validation blocks valid. So if on the old version will receive all the blocks, while in the new version, it might will reject some of them.


https://www.google.co.id/amp/s/edukasibitcoin.com/amp/keterbatasan-dan-pengembangan-bitcoin/

[JAA37]

So what would be the practical implications of a soft fork then. I know when tokens or coins that i have held forked in the past i generally only hear them described as hard forks and one must have their funds in a wallet with access to the private keys. Now is this any different for the average holder during a soft fork?

[HeRetiK]

So what would be the practical implications of a soft fork then. I know when tokens or coins that i have held forked in the past i generally only hear them described as hard forks and one must have their funds in a wallet with access to the private keys. Now is this any different for the average holder during a soft fork?

You mean the practical implications of soft forks regarding free alt coins as the result of a chain split?

None.

Unless something goes horribly wrong or weird or both a soft fork will usually not come with what amounts to an airdrop for holders of the original coin. It does, however, usually come with protocol upgrades such as SegWit.