RE: what is hardfork? who can explain it for me?

You are viewing a single comment's thread from:

what is hardfork? who can explain it for me?

in steemit •  8 years ago  (edited)

Basically it's an upgrade to the software and the algorithms beyond it. - At the moment a lot of things here on steemit and in the steem-system are moving and getting adjusted from time to time, because steem is a decentralized system it's necessary to upgrade the ruleset for the miners.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Thank you very much for your reply.
And what's the difference between the hardfork and softfork?

A very simple explanation would be something like:

Hardfork is a major change of the protocol used that requires you and everyone else to update your software in order to continue to be able to use it.

Softfork is a change in the protocol used that does not enforce you to upgrade the software you have to continue using it.