You are viewing a single comment's thread from:

RE: Your Votes Will Be More Powerful With Hard Fork 19 - And You’d Better Be Careful With Them!

in #steemit8 years ago

Can someone explain to me why there are so many hardforks? Im not experienced in cryptos, but always thought a "hardfork" is a very serious and contraproductive thing? (which might lead to a chainsplit)?

Sort:  

Hardforks are OK when the whole community agrees to them. In this case, the witness / development community has come together 19 times to make significant coding improvements.

A few other major ones were: Restructuring the reward pool (HF17) & reducing the amount of Power Down Time from 108 weeks to 13 weeks (not sure what number this was)

If a hard fork happens between two groups who both disagree strongly - THEN it's a disaster. For example, that is why we now have Ethereum Classic (ETC) and Ethereum (ETH) - even then, both blockchains survived and are now thriving, so maybe it wasn't such a bad thing.

Coin Marketplace

STEEM 0.19
TRX 0.24
JST 0.036
BTC 95229.90
ETH 3282.55
USDT 1.00
SBD 3.01