A lot of question I got the last days about the hard fork !!
So what is Hard fork !
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.To read more go to:
The last successful hardfork as you know was HF19.
So what next !!
The next one will be HardFork Velocity HF20..
Development is proceeding well and HardFork Velocity will be paramount to getting us prepared for those launches and opening the floodgates for the millions of new users that will get to experience Steem in the next year.
We propose a new method of burning STEEM on each account creation and crediting the account with permanent minimum bandwidth instead of providing Steem Power to the new account. - “Proposing Hardfork 0.20.0 Velocity”
HF20 will come with a lot of changing:
- Burning STEEM for Account Creation to Prevent Abuse.
- Discounted Account Creation.
- Remove Account Creation with Delegated Steem Power.
- Remove Vote Dust Threshold
- End User Impact
The new upgrade can be read on:
My point of view :
- HF20 is going to be key to bringing millions of users to Steemit ..
- The price of Steem will be directly correlated with its growth..
- It is the time to buy & hold Steem Power, before HF20 is implemented..
What you think !
Wish you a great and sunny sunday..
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Every comment, every upvote, every support is really appreciated.
Thanks For Reading
What do you mean by 'End User Impact'?
Also curious about this - any explanation, please @lordoftruth?
Read The Official Post https://steemit.com/steemit/@steemitblog/proposing-hardfork-0-20-0-velocity
Cheers :)
Awesome, thank you.
Thank you @lordoftruth. You have made a good point here.
I would like to add that the dev team are also working on enhancing steemit.com ( the front end) and creating a mobile app too. I think this is different from hf20. (Right ?)
If both developments come together, I believe that it would have a great effect on the platform and hence the price of STEEM.
Cool! I don't know much about it myself, so will check out the link ;)
Thanks for great support, Upvote and Resteem
Wish you a great and sunny sunday..
Remove Vote Dust Threshold - what does it mean?:)
Read The Official Post https://steemit.com/steemit/@steemitblog/proposing-hardfork-0-20-0-velocity
Very good point my friend I agree. We should really buy steem now and power up in order to secure ourself before the price hike of steem. Hopefully the new Hfork will help in taking care of spam and scammers -see my latest post for details. Thanks for sharing
Thanks mate for support
Your post about scam is good one
Your last two post was readed and upvoted just now for the great content
Keep it up
Thanks my friend, we will always support one another...let m know when you post new one too ...I upvoted yur last 2 posts, success
Thanks my friend for great support
Wish you a great week
HF20 will be the first Hard Fork, since I have been here on Steemit. I think those improvements are great. Lets wait and see. Thank you for sharing.
the information you provide is very clear and useful, I hope you keep posting useful information, thanks again for your posting this one @lordonftruth
Thanks for support
Steem on
Do you know the date for this new hard fork? They normally appear on steemd.com, but nothing there yet.
Thanks for visit and support
No
What I know :
Will be the next year
Sorry for the late reply.
Thanks for the answer!
Looking forward to seeing the new plans for Steemit!
Have a nice weekend!
Thank you
Do you think is it good to start a project to support the romanian users
I mean to support and upvote the authors under tag # Romania
It could work. Most of them are using the tag ro. The conmunity has grown a lot in the last few months and that's great. There is also a Facebook group: SteemITRomania with around 130 members
Less Steem, more users = 📈😁
Let us wait and see
Thanks for support
👍🏾👍🏾
Thank you so much for the information my friend !
Really useful post.
You are welcome
My pleasure !
Join @bullionstackers to help #whalepower Community Project.
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I think its cool. Let the implementation begin
cool
keep sharing with us
Seems great!
thanks for this information.. its good to know what is coming up!
Do you know anything about the 'communities' feature that i heard may be coming? This is a feature I am longing for ;-)
It will be really beneficial, when this hard fork will take place?
This post has received a 2.24 % upvote from @booster thanks to: @lordoftruth.
Steem price is going up last days will lower power down so really nice.
finally a update on this :) thanks a lot
If you enjoy this poem and are interested in reading more, consider checking my blog on @sinta and following me for poetry and new art every day!
Hope can help me be like you.
upvote and folowed
👌👌👍👍👩
https://steemit.com/poetry/@wulan/learn-to-shed-everything-2017828t14038936z
You could say robin hood stemian
@xaero
Greetings know, I am aulia. I know that I am a new member in steemit so I need your help and support, and hope you will help me
Thanks @lordoftruth
https: //steemit.com/@auliaramadhn1
Nice post my friend
intersessing so I observe this would help more steemit growth true? it seems to me then excellently if so, the idea is to turn this page into the largest social network in the world with more followers and more visits.
Congratulations very good poost excellent information @lordoftruth