Hard fork options enabled - update mist
Current voting results on ethermine show a strong support for the hard fork
Parity and Geth both implemented the DAO hard-fork specification. Also voting on carbonvote closed with 87% of the community voting for a hard-fork. Additionally a lot of the mining pools enabled voting on the hard fork, miners are showing great support for it.
Return of the Eth (1.4.10)
This is the title of the new Geth client that has just been released. It allows one two options regarding the hard fork.
To support the DAO hard-fork, start Geth with the — support-dao-fork option
To oppose the DAO hard-fork, start Geth with the — oppose-dao-fork option
The default setting for Geth is to support the fork.
Parity 1.2.2 with hard fork enabled
Parity updated its client as well, with the hard fork as default option.
To oppose the hard-fork, you need to add the — chain=homestead-dogmatic option.
Mist with hard fork option
The Mist Wallet also allows you to choose whether you want to use the hard-forked chain or not. They will ask you to choose your preferred chain directly during startup, so it’s made very easy to choose the chain.
Myetherwallet supports the hard fork
If you are a user of myetherwallet, you will automatically use the hard-forked chain.
As a user, what should I do now?
If you are only using myetherwallet, you will use the hard-forked chain immediately.
If you are using mist, please update ASAP and then just choose your preferred chain on startup.
how to claim your eth
To claim your eth you will need to send your DAO tokens to a withdrawal address. We will add a how-to for it. If you feel unsecure about it, e.g. because you do not use mist, your best choice will probably be to sell your DAO tokens via an exchange.
The extrabalance will go to a trustee wallet. You will need to prove that you purchased the tokens during the price-increase phase. We will update you further regarding this.
Two chains running in parallel?
After the hard fork we will have to chains running in parallel. Regarding the strong support for the hard-fork it is very likely that most people will use the hard-forked chain, but it is possible that the “classic” chain will continue to run.
You can compare this to an altcoin of Ethereum. If miners continue to maintain this chain, it might be possible that there is Ether and Ether-classic running as parallel coins.
Exchanges
During the transition time of the hard-fork, the exchanges will stop deposit and withdrawals of eth for a limited time.
Poloniex offers the possibility for a one-time withdrawal of the eth of the losing chain.
Kraken did not write about such an option, so probably they will just continue with the winning chain.
Bitsquare considers to add both chains.
Just saw The DAO tweet this post on twitter. Isn't STEEMIT a platform on Bitcoin Blockchain and thus a competitor for Ethereum platforms?
Generally the Ethereum community is not maximalist and is friendly towards other decentralised platforms such as Steemit.
Exactly, there's room for everyone, so lets all play nice huh.
Thanks a lot for your summary. I actually need to downgrade my system from macos sierra to el capitan again to use mist and the ethereum-wallet. Now I got parity, mist and ethereum-wallet running with the hardfork enabled. Let's do the hardfork quick and calmly. Guys upgrade your clients to support the ethereum community and the crypto-world!
I just pulled all my DAO off the exchanges and into a Jaxx wallet thinking that would make the trade-in easier...I guess not? We'll see. Waiting for updates.
Sorry, I have no idea what jaxx will be doing. But I can expect the margin you pay for selling them on an exchange instead of a direct withdrawal will be very small
Kraken sent out this message to account holders
Thanks for adding this. If you have further information how other exchanges will handle the fork, I'm more than happy to include them.