Say, I have a class X which has a field value, that is,
class X implements Serializable {
private i
Does deserialization fail in case the access specifier of the field changes
No.
OR some or all of the methods go missing in the class at the deserialization end?
Yes, unless the receiving class has a serialVersionUID member whose value equals the value encoded in the stream.
what is the mechanism by which fields are assigned their values during deserialization?
Too broad, but: