- A Brief History of Bitcoin Forks This post was originally published at: https://blog.blockchain.com/2016/02/26/a-brief-history-of-bitcoin-forks/ Content was co-authored by Peter Smith. TL;DR Summary Soft consensus forks render previously valid blocks invalid, and create security risks for non-upgrading nodes. Hard consensus forks render previously invalid blocks valid, and make non-upgrading nodes incompatible. Unplanned forks pose the greatest risk, and are generally caused by poorly […]