Protocol Fork

Definition ∞ A Protocol Fork occurs when a blockchain network’s rules are altered, leading to a divergence in the chain’s history. This can result in two separate versions of the blockchain operating independently, each with its own set of rules and community. Forks can be contentious, arising from disagreements over protocol upgrades or development direction.
Context ∞ Protocol Forks are a recurring topic in blockchain news, particularly concerning their impact on network security, decentralization, and the creation of new digital assets. Debates often arise regarding the necessity and consequences of hard forks versus soft forks, and their potential to fragment community consensus. Future discussions will likely focus on mechanisms for achieving more unified protocol development and mitigating the risks associated with chain splits.