A soft forkA fork is a modification to the rules governing a blockchain. Developers may create "forks" as part of an upgrade... Read More is a process of implementing new ledger rules without invalidating the old ones. A “fork” can occur for several reasons, including an alteration to the protocolProtocols governing interactions on a blockchain network typically include rules for consensus, transaction validation, and guidelines for how users can... Read More or different software implemented. Due to the decentralizedDecentralization, an aspect of blockchain technology, facilitates power or authority distribution among individuals, groups, or institutions. A decentralized structure allows... Read More nature of a peer-to-peer network, all participating nodes must agree on any changes. When a code change occurs, it results in a fork where the network splits in two. Each “fork” then follows a different set of rules. In a soft fork event, nodes that follow the old protocol continue participating in the network.
