HI STEEMIANS, As of now, due to HARDFORK 19 [HF 19], many of my post have increased in value, but as I didn't know what HF19 is tried searching on net and will like to share this info with others.  DEFINITION of 'Hard Fork' :- As it relates to blockchain technology, a hard fork (or sometimes hardfork) is a radical change to the protocol that makes previously invalid blocks/transactions valid (or vice-versa), and as such requires all nodes or users to upgrade to the latest version of the protocol software. Put differently, a hard fork is a permanent divergence from the previous version of the blockchain, and nodes running previous versions will no longer be accepted by the newest version. This essentially creates a fork in the blockchain, one path which follows the new, upgraded blockchain, and one path which continues along the old path. Generally, after a short period of time, those on the old chain will realize that their version of the blockchain is outdated or irrelevant and quickly upgrade to the latest version BREAKING DOWN 'Hard Fork' A hard fork can be implemented to correct important security risks found in older versions of the software, to add new functionality, or to reverse transactions (as in the case with the hard fork to reverse the hack on the DAO (decentralized autonomous organization) in the Ethereum blockchain).  Hard Fork A hard fork involves splitting the path of a blockchain by invalidating transactions confirmed by nodes that have not been upgraded to the new version of the protocol software. Following the hack on the DAO, the Ethereum community almost unanimously voted in favor of a hard fork in order to roll back transactions that siphoned off tens of millions of dollars worth of digital currency by an anonymous hacker. The hard fork also allowed DAO token holders to get their ether funds returned to them. The proposal did not exactly unwind the network’s transaction history. Rather, it relocated the funds tied to The DAO to a newly created smart contract with the single purpose of letting the original owners withdraw them. DAO token holders will be able to withdraw ETH at a rate of approximately 1 ETH to 100 DAO. The extra balance and any ether that remains as a result of the re-entrancy exploit and the splitting mechanism will be withdrawn and distributed by the DAO curators, or individuals selected prior to the collapse of the DAO to provide "failsafe protection" for the organization. DO UPVOTE, RESTEEM AND FOLLOW ME FOR MORE INTERESTING THINGS, AND DO CHECK MY OTHER POSTS. DO COMMENT IF ANY PROBLEM Note:- The above details are from investopedia.com
author | sighanchi |
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permlink | what-the-hell-is-hardfork-a-light-on-concept-of-hardfork |
category | hardfork19 |
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root_title | "WHAT THE HELL IS HARDFORK ? A LIGHT ON CONCEPT OF HARDFORK." |
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voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
bola | 0 | 2,367,331,535 | 1% | ||
cheetah | 0 | 833,491,286 | 1% | ||
positivesteem | 0 | 2,445,590,898 | 18% | ||
networkallstar | 0 | 1,971,305,984 | 100% | ||
rarcntv | 0 | 800,850,980 | 100% | ||
darth-cryptic | 0 | 73,891,624 | 2% | ||
p5ych0path | 0 | 3,380,394,088 | 100% | ||
birjudanak | 0 | 417,772,519 | 100% | ||
digitaleddy | 0 | 546,779,200 | 100% | ||
wealthy-easily | 0 | 744,010,566 | 100% | ||
ragnartheking | 0 | 722,004,270 | 100% | ||
louieanderson | 0 | 1,174,503,036 | 100% | ||
kenhudoy | 0 | 1,104,402,924 | 100% | ||
sighanchi | 0 | 1,079,457,589 | 100% | ||
lyonsolntsev | 0 | 580,353,508 | 100% | ||
nativzel | 0 | 563,143,340 | 100% | ||
dowithlove | 0 | 162,498,838 | 100% | ||
indianwolf | 0 | 1,160,703,264 | 100% | ||
sicontractor | 0 | 1,160,702,537 | 100% | ||
treachya | 0 | 1,160,700,249 | 100% | ||
shaki | 0 | 1,143,288,804 | 100% | ||
seveide | 0 | 1,160,697,101 | 100% | ||
kyhar | 0 | 1,160,695,738 | 100% |
Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: http://www.investopedia.com/terms/h/hard-fork.asp
author | cheetah |
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permlink | cheetah-re-sighanchiwhat-the-hell-is-hardfork-a-light-on-concept-of-hardfork |
category | hardfork19 |
json_metadata | "" |
created | 2017-06-20 16:21:12 |
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root_title | "WHAT THE HELL IS HARDFORK ? A LIGHT ON CONCEPT OF HARDFORK." |
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Great info @sighanchi Upvote...learnt a lote
author | kenhudoy |
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permlink | re-sighanchi-what-the-hell-is-hardfork-a-light-on-concept-of-hardfork-20170621t123257306z |
category | hardfork19 |
json_metadata | {"tags":["hardfork19"],"users":["sighanchi"],"app":"steemit/0.1"} |
created | 2017-06-21 12:33:00 |
last_update | 2017-06-21 12:33:00 |
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root_title | "WHAT THE HELL IS HARDFORK ? A LIGHT ON CONCEPT OF HARDFORK." |
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Thanks, do follow me for more interesting posts.
author | sighanchi |
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permlink | re-kenhudoy-re-sighanchi-what-the-hell-is-hardfork-a-light-on-concept-of-hardfork-20170621t125216040z |
category | hardfork19 |
json_metadata | {"tags":["hardfork19"],"app":"steemit/0.1"} |
created | 2017-06-21 12:52:03 |
last_update | 2017-06-21 12:52:03 |
depth | 2 |
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root_title | "WHAT THE HELL IS HARDFORK ? A LIGHT ON CONCEPT OF HARDFORK." |
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ok... @sighanchi i sent my intro post and another interesting post on "HOW INFIDELITY DESTROYED A LOVING FAMILY" visit @kenhudoy so you also comment and upvote me like i did for you
author | kenhudoy |
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permlink | re-sighanchi-re-kenhudoy-re-sighanchi-what-the-hell-is-hardfork-a-light-on-concept-of-hardfork-20170621t153220803z |
category | hardfork19 |
json_metadata | {"tags":["hardfork19"],"users":["sighanchi","kenhudoy"],"app":"steemit/0.1"} |
created | 2017-06-21 15:29:42 |
last_update | 2017-06-21 15:29:42 |
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author_reputation | 10,766,809,992,992 |
root_title | "WHAT THE HELL IS HARDFORK ? A LIGHT ON CONCEPT OF HARDFORK." |
beneficiaries | [] |
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net_rshares | 0 |
This is a very informative post. I had no idea how this worked until reading. Thanks for sharing.
author | p5ych0path |
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permlink | re-sighanchi-what-the-hell-is-hardfork-a-light-on-concept-of-hardfork-20170621t051740231z |
category | hardfork19 |
json_metadata | {"tags":["hardfork19"],"app":"steemit/0.1"} |
created | 2017-06-21 05:17:51 |
last_update | 2017-06-21 05:17:51 |
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root_title | "WHAT THE HELL IS HARDFORK ? A LIGHT ON CONCEPT OF HARDFORK." |
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percent_hbd | 10,000 |
post_id | 5,457,109 |
net_rshares | 0 |
ur welcome
author | sighanchi |
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permlink | re-p5ych0path-re-sighanchi-what-the-hell-is-hardfork-a-light-on-concept-of-hardfork-20170621t052232028z |
category | hardfork19 |
json_metadata | {"tags":["hardfork19"],"app":"steemit/0.1"} |
created | 2017-06-21 05:21:39 |
last_update | 2017-06-21 05:21:39 |
depth | 2 |
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root_title | "WHAT THE HELL IS HARDFORK ? A LIGHT ON CONCEPT OF HARDFORK." |
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percent_hbd | 10,000 |
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net_rshares | 3,653,345,163 |
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voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
p5ych0path | 0 | 3,653,345,163 | 100% |
This hard fork made a lot of people happy
author | positivesteem |
---|---|
permlink | re-sighanchi-what-the-hell-is-hardfork-a-light-on-concept-of-hardfork-20170626t094043900z |
category | hardfork19 |
json_metadata | {"tags":["hardfork19"],"app":"steemit/0.1"} |
created | 2017-06-26 09:40:48 |
last_update | 2017-06-26 09:40:48 |
depth | 1 |
children | 1 |
last_payout | 2017-07-03 09:40:48 |
cashout_time | 1969-12-31 23:59:59 |
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pending_payout_value | 0.000 HBD |
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author_reputation | 85,819,942,349,665 |
root_title | "WHAT THE HELL IS HARDFORK ? A LIGHT ON CONCEPT OF HARDFORK." |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 HBD |
percent_hbd | 10,000 |
post_id | 6,156,934 |
net_rshares | 0 |
yes it made me happy too.
author | sighanchi |
---|---|
permlink | re-positivesteem-re-sighanchi-what-the-hell-is-hardfork-a-light-on-concept-of-hardfork-20170626t094459436z |
category | hardfork19 |
json_metadata | {"tags":["hardfork19"],"app":"steemit/0.1"} |
created | 2017-06-26 09:43:57 |
last_update | 2017-06-26 09:43:57 |
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author_reputation | 187,469,305,099 |
root_title | "WHAT THE HELL IS HARDFORK ? A LIGHT ON CONCEPT OF HARDFORK." |
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Congratulations @sighanchi! You have completed some achievement on Steemit and have been rewarded with new badge(s) : [](http://steemitboard.com/@sighanchi) Award for the number of upvotes received [](http://steemitboard.com/@sighanchi) Award for the number of comments received Click on any badge to view your own Board of Honnor on SteemitBoard. For more information about SteemitBoard, click [here](https://steemit.com/@steemitboard) If you no longer want to receive notifications, reply to this comment with the word `STOP` By upvoting this notification, you can help all Steemit users. Learn how [here](https://steemit.com/steemitboard/@steemitboard/http-i-cubeupload-com-7ciqeo-png)!
author | steemitboard |
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permlink | steemitboard-notify-sighanchi-20170620t233818000z |
category | hardfork19 |
json_metadata | {"image":["https://steemitboard.com/img/notifications.png"]} |
created | 2017-06-20 21:38:36 |
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root_title | "WHAT THE HELL IS HARDFORK ? A LIGHT ON CONCEPT OF HARDFORK." |
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