When I visit steemd.com
There is a news on the top.
Next hardfork scheduled for: Mon, 15 Aug 2016 14:00:00 UTC (in 5 minutes, 4 seconds)
And I want to know what is hardfork?
When I visit steemd.com
There is a news on the top.
Next hardfork scheduled for: Mon, 15 Aug 2016 14:00:00 UTC (in 5 minutes, 4 seconds)
And I want to know what is hardfork?
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.
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.