Hardfork is like an update, something like windows 9 to 10 etc. Several as happened since steemit started and steemit is still in beta! When it has been agreed upon that new feature or functionality etc should be done, then a hardfork takes place effects it. i will do a post later that will touch on what the upcoming hardfork will accomplish so look at later today! You can always reach out to me, if you feel you need more info!
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Awesome, I look forward to it.
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Oh my gosh I forget we are still in beta. What do you believe will happen when it releases? I always imagined it in a perpetual beta. However if they are going to release completed software the Whales could be incentivized to help minnows if they competed for limited early access :-)