Difference between revisions of "Hard Fork"
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* '''@steemitblog''' : [https://steemit.com/steemit/@steemitblog/proposing-hardfork-0-20-0-velocity#@farmstead/re-steemitblog-proposing-hardfork-0-20-0-velocity Proposing Hardfork 0.20.0 “Velocity”] ''June 22nd, 2017'' | * '''@steemitblog''' : [https://steemit.com/steemit/@steemitblog/proposing-hardfork-0-20-0-velocity#@farmstead/re-steemitblog-proposing-hardfork-0-20-0-velocity Proposing Hardfork 0.20.0 “Velocity”] ''June 22nd, 2017'' | ||
* '''@dan-atstarlite''' : [https://steemit.com/steembirds/@dan-atstarlite/the-steembirds-hardfork-19 The Steembirds: Hardfork 19 (music video)] ''July 13th, 2017'' | * '''@dan-atstarlite''' : [https://steemit.com/steembirds/@dan-atstarlite/the-steembirds-hardfork-19 The Steembirds: Hardfork 19 (music video)] ''July 13th, 2017'' | ||
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==Related articles:== | ==Related articles:== | ||
Revision as of 14:42, 13 July 2017
A hard fork is a change to a cryptocurrency protocol that makes previously invalid blocks/transactions valid, and therefore requires all users / software to upgrade. It could be any alteration to a coin which changes the block structure (including block hash), difficulty rules, or increases the set of valid transactions. You can think of a hard fork as a change of rules.
The Steem Blockchain has an innovative Witness-based system that allows improvements to be made to the protocol more rapidly than other blockchain protocols. All that is necessary for a Steem hardfork is for the top 20 witnesses, who are chosen by the users, to adopt the changes based on their assessment that the code is bug-free and does not pose a threat to the security of the blockchain.
Unlike a softfork, a hardfork is not backward-compatible: unupdated nodes will not recognise the new blocks as valid.
Links:
- Steem : https://steem.io
- Github : https://github.com/steemit/steem
- Steemit's #hardfork tagged posts : https://steemit.com/created/hardfork
- @steemitblog : Patience with the Hardfork - There Must Be Consensus March 2017
- @steemitblog : Hard Forks 17-18 official announcement March 2017
- @chitty : Find out what’s new on Steem 0.17.0 March, 2017
- @anyx : My opinion on the upcoming v17 hardfork. March 2017
- @meesterboom : HF 18 Incoming! A 9 Second animation March 2017
- @eroche : Hardfork 18 April 2017
- @sykochica : Why Newbies Should be Excited about the Next Hardfork? May 24th, 2017
- @dragosroua : How Hardfork 19 May Impact Steemit May 24th, 2017
- @steemitblog : HF19 "Equality" Coming Soon: Linear Rewards! June 19th, 2017
- @steemitblog : Proposing Hardfork 0.20.0 “Velocity” June 22nd, 2017
- @dan-atstarlite : The Steembirds: Hardfork 19 (music video) July 13th, 2017
Related articles:
References:
- Lightrains Technolabs : What is meant by forking in a Blockchain? Written by Nikhil Mohan, published in 6/16/2017
- Coindesk : A Short Guide to Bitcoin Forks Written by Amy Castor, published in 5/27/2017
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