Soft Fork
A soft fork is a change to a blockchain that allows new rules to be added while still being compatible with the old version, so older users can still participate without needing to update.
More terms under S
- Sniping in CryptoCrypto sniping is a trading method where traders try to take advantage of quick price changes or new tokens by making fast trades.
- Social EngineeringSocial engineering is when someone tricks people into sharing their private information or doing something they shouldn’t, often by pretending to be someone…
- Soft CapThe soft cap is the lowest amount of money that a cryptocurrency project aims to collect during its initial coin offering (ICO) to proceed with the project.
- Soft Fork (Blockchain)A soft fork is an update to a blockchain that changes the rules so that some transactions that were once allowed are no longer accepted. Most of the time,…
- Soft PegA soft peg is a way to keep a currency's value close to another currency, like a major reserve currency, by allowing it to fluctuate within a specific range…
- Software Development Kit (SDK)A Software Development Kit (SDK) is a set of tools that helps developers create applications for a specific device or operating system.
Educational definition. Protocol rules and market conventions can differ; check an asset's official documentation.