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Welcome back to another episode of Shat Chat Short Stacks.

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Today, we're talking about forks.

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My name is Lion Belto. Enjoy the fork ASMR.

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And I'm your co-host, Stuart.

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We ain't talking about them forks.

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We're not talking about actual forks, son.

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We're talking about hard forks and soft forks in Bitcoin, right?

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What do I mean?

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Two different things. Two different things.

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This is the best ASMR.

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You can't get Bitcoin ASMR.

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You can't?

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Oh, Bitcoin.

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But you can get fork ASMR.

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We need some, we need ASMR of like stacking sats, you know, like.

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Bing, bing, bing, bing.

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Like that, you know what I mean?

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Maybe we can like record your Bitcoin miner whirring and just put that as an ASMR.

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That would be sick.

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You know, just like.

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Yeah, yeah, yeah, yeah.

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My little Bitcoin miner.

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Yeah.

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People could just put like a four hour video of just like.

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Exactly.

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Yeah.

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ASMR.

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It would probably get more views and likes and comments and subscribes

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than our actual Bitcoin content, and then I would cry tears of justice,

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but I would keep producing it because I want to grow this channel no matter what.

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Exactly.

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That, like, just this little bit of fork ASMR

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has already boosted your subscriber count to, like, 2 million.

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Right.

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From just me going, welcome to Snapchat.

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The fork ASMR.

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So, hard forks and soft forks in Bitcoin, what are they?

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Lyme, what do you think they are?

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So I think a hard fork is something that's more hard than a soft fork.

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Galaxy brain moment, folks.

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This is your public school education at work, guys.

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Seventh grade, shout out to the Wake County public school system.

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All right, how about this, Lyme?

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But it's thanks to the public school system that I'm here today.

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Because if it wasn't for the public school system, I wouldn't be here.

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That's right.

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Right.

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So big ups to the winter weather as well.

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Exactly.

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All right.

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Now, do you remember watching The Matrix with me?

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Yeah.

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Okay.

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The Matrix was a fire movie.

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The Matrix was sick.

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Everyone watch The Matrix.

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Don't watch, like, Matrix 2 through 4.

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Those ones, not as good as the first one.

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No, they aren't that great.

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The first Matrix, though, is insane.

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and I remember watching it in theaters here in Raleigh

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when it was first out in 1999.

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All right.

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Now, what happens when Neo goes to see the Oracle

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in her apartments inside the Matrix

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and he sees that little bitty girl with the bald head?

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What's she doing?

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She's bending forks.

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She's going...

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Well, she's not bending forks.

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She's bending something else.

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What is it?

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she's bending nothing because there is no forks dang well it's a spoon right so

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there a sequence where you know neo comes in to see the Oracle and there like this there like this young girl with like no hair and She looking a little sickly but she has a spoon okay and the spoon looks like a regular spoon and she like

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She's like at first you've tried to but then you realize the spoon is not there and like

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She like she like bends the spoon without touching it. You know talking about she's like don't try to bend the spoon

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because there is no spoon.

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Yes, yes.

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So we're going to use that as an example to teach you, all right?

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A soft fork in Bitcoin is when the people who are developing the software

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decide to change it a little bit

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only in a way where everyone can still use it

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no matter whether they follow along with those changes or not.

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So when that girl is bending the spoon with her mind, right, she puts a big old bend in it.

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But you could still use the spoon, right?

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Plus, didn't she unbend it?

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She does unbend it eventually, I think.

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But even if the spoon were bent, you could still hold it differently and it would work as a spoon.

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Am I right?

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Yeah.

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All right.

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That's what a soft fork in Bitcoin looks like.

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Like ASMR.

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It basically means that people are changing how Bitcoin works moving forward.

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But everyone who is running a Bitcoin node up to that point, they don't need to do anything in order for things to keep working.

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So it's kind of like, I think it was in 2017, there was a soft fork.

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It was called SegWit, which means segregated witness.

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Basically, if you're a brand new Bitcoiner, years ago, people figured out how to take some of the information inside a Bitcoin transaction and kind of pop it over here and still include it.

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But it basically made it a little bit cheaper to send a transaction across the Bitcoin network.

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So people said, hey, we found a way to kind of split a little bit of this juice out into two pieces.

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it makes it a little bit cheaper to send a transaction.

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And some people were like, sweet, I'm going to do that.

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I want cheaper transactions.

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And other people were like, nah, that's not my cup of tea.

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And other people were like, I'm so checked out because I don't do, you know,

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I got a bunch of Bitcoin earlier in time.

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I'm all good.

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I run my node.

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I'm not updating it.

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Here's my question.

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Would this be an example of a soft fork or a hard fork?

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This creation that you've made?

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Yeah.

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Soft or hard?

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I think that might be more like a hard fork because, look, put that back together.

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That is a very—and hold that up for the camera for everybody to see.

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Guys, this is—here, right.

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This is Lion's new fork here.

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All right.

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So if I so think about a hard fork all right representing a change to Bitcoin that you must adopt or you now in a different space

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This would be usable. I could just get two pieces of food and then...

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You would need to fundamentally change how you use... Let me see that lie.

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if this is the new if this if this was the fork and all I did was bend it with my mind because

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I'm the bald-headed chick in the matrix you could still use this fork right but if this is going to

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be your new fork where you have two together and you have this like you have this new multi-pronged

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attack you're gonna have to fundamentally change how you use a fork correct yeah that's an example

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of a hard fork in Bitcoin.

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And we just got done taping an episode

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with number 168, Jeremy,

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where he talked about a hard fork

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during the block wars

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that basically took Bitcoin

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and forked it into Bitcoin and Bitcoin Cash.

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I'm guessing this is also a hard fork.

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That, I don't know.

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I don't know because that's like a different,

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Hold that up to the camera.

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Would this be a hard fork or a soft fork?

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I feel like you're basically, you could still use this fork.

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You're just choosing to hold it a different way.

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But look, it would fall.

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You'd have to hold it like this.

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Yeah.

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Put it in the comments whether you think this one is a soft fork or a hard fork.

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Dad, you should have this little part, but we should hold up different fork combos and ask them soft fork or hard fork.

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Yeah, I think we've already started.

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Okay, guys, let's take an ASMR break.

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Okay.

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Then you do some with your fork.

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Let's see here.

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ASMR in the fizzy.

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Oh, ooh, ooh.

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I can do it.

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I can do it.

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So let's summarize that for all of our Satillionaire's lion.

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A soft fork in Bitcoin is when someone makes a change that not everyone has to adopt in order for Bitcoin to continue along.

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Like a bent fork.

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Like a bent fork in the matrix, okay?

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A hard fork is when someone makes a change.

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And again, someone makes a change.

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I'm simplifying the absolute mess out of that, okay, because it's a free and open source software that everyone has to build consensus around in order to make a change, right?

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A hard fork is when someone makes a change that you must adopt or you get left behind, right?

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Like this one, this lake.

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And the reverse, too.

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Someone makes a hard fork and you're like, no, dude, I'm not doing that.

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And you stay behind and it turns out you were correct.

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So the conversation we had with Jeremy when they hard forked into Bitcoin Cash they went along a path that doesn seem like it working out And the people that stayed behind on Bitcoin you know we didn accept the hard fork and we all good because of it

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Right. So a hard fork is almost like you're not in the matrix at all anymore.

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Right. Like when Neo leaves the matrix, he's outside entirely.

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And you have to follow him outside the matrix if you want to keep going.

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You know what I'm saying?

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All right.

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So that is the soft fork versus hard fork.

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Put it down in the comments below if you were a Bitcoiner during any of the prominent soft forks or even the big fat block wars hard fork of the past when we saw Bitcoin split into Bitcoin and Bitcoin cash.

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and let us know which one of these forks line has created you think is a soft fork or a hard fork.

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And put in the comments thumbnail ideas for this short stack.

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That's what y'all do, right?

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Well, we do that on the live game show Fridays at 11 a.m. Eastern on YouTube.

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This will already have – actually, we already voted on the thumbnail for this one last week.

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What is it?

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It's like a road that veers off this way and a road that veers off this way

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but like hard splits into two or something like that.

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It's using roads as the metaphor.

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Y'all should have used forks for the metaphor.

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We should have used you as Neo in the Matrix

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with your crazy two-style fork.

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There is no fork!

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People would have been like,

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wow, I know exactly what this video is about

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and I can't wait to click on it.

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Exactly.

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Exactly.

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So do we close it out now?

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Yes, but since I'm the co-host, I have closeout duties.

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If you enjoyed this episode of Sat Chats Short Stacks with me and my boy, number 38 Lion, subscribe for more videos just like that.

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You will be entered to win 2 million Satoshis when you hit subscribe.

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We'll get to 10,000 subscribers.

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We'll do that drawing live on YouTube.

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You could be the lucky winner of .02 Bitcoin.

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like comment share send this to your normie friends send this to your mom and dad help us

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boost this signal right because youtube needs to know that we are on the frontier between the three

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percent in the world that own bitcoin and the 97 that still do not right that's a hard leap for

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youtube to figure out we need your help do that hype feature they've got now on the mobile phone

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get our signal out there.

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Thanks so much for watching.

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We'll see you on the next one.

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Bye-bye.

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And now, for some clothes art ASMR.

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Here we go.

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I need that.

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Oh, you need that.

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My bad, my bad.

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Thank you.