Soft Fork

    « Back to Glossary Index
    Categories: Blockchain

    A rule change that requires a software update. But unlike a hard fork, a soft fork is compatible with older versions of the software. For example, Bitcoin’s SegWit update was a soft fork, where nodes using older versions of the software are not affected by the update.

    « Back to Glossary Index
    Previous articleSharding
    Next articleTestnet
    Justin Chan
    Dr Chan founded (DDI) and is the CEO for JCube Capital Partners. Specialized in strategy development, alternative data analytics and behavioral finance, Dr Chan also has extensive experience in investment management and financial services industries. Prior to forming JCube and DDI, Dr Chan served in the capacity of strategy development in multiple hedge funds, fintech companies, and also served as a senior quantitative strategist at GMO. A published author at professional journals in finance, Dr. Chan holds a Ph.D. degree in finance from UCLA.