What is Network Upgrade?
Network Upgrade A protocol change or technical update to a blockchain network that can affect asset interoperability, portfolio operations, and compliance; often includes hard or soft forks and impacts portfolio risk.
Source: CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework
How is “Network Upgrade” Used in Practice?
Portfolio managers must evaluate the operational and custodial impact of upcoming network upgrades on their crypto asset holdings.
Certification Exam Relevance
Who Needs to Know This Term?
- Financial Analysts
- Bankers
- Traders
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What is Network Upgrade?
A protocol change or technical update to a blockchain network that can affect asset interoperability, portfolio operations, and compliance; often includes hard or soft forks and impacts portfolio risk.
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