$BTC Bitcoin Network Upgrade

The Bitcoin protocol is not static; it evolves through updates to enhance functionality, scalability, privacy, and security. These updates are crucial for the long-term health and adoption of Bitcoin.

Types of Updates:

* Soft Forks: These are changes that are compatible with previous versions of the Bitcoin protocol. This means that nodes running older software can still validate transactions from nodes running updated software. However, they will not be able to fully recognize new features. Soft forks require a high level of consensus among network participants (miners and nodes) to be adopted.