Protocol Modification refers to any change or upgrade made to the underlying rules and code that govern a blockchain network. These changes can range from minor bug fixes to significant alterations in consensus mechanisms or transaction processing. Such adjustments aim to improve network performance, security, or functionality.
Context
Protocol modifications are a constant feature in the evolving landscape of blockchain technology, frequently reported in crypto news as network upgrades or forks. These changes often require consensus among network participants and can significantly impact the ecosystem, including developers, miners, and users. Successful modifications are vital for a blockchain’s adaptability and long-term competitiveness.
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