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Soft Fork

    A soft fork 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 protocol or different software implemented. Due to the decentralized 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.