After creation of hive blockchain in the month of March this year , we had lots of stories regarding hive and steem blockchain but finally Hive communities moving forward and planned its first hardfork which is coded by pure contributors of hive communities developers .
if we go to flashback , Hive was created after take over by justin sun (Tron blockhain Co-founder) on steemit.inc where Justin started doing malicious and attacking decision on steem blockchain which were not supported by the top witnesses of steem developers and eventually created the hive blockchain after the unannounced and sudden hard fork .
Hive is the only blockchain now where the freedom of speech is not censored and dedicated to their communities . it has no more CEO or Co-founder but its communities and voted top witnesses who run all the development and nodes for the progress of hive .
Hive is Going to set its first hard fork (HF24)and its related details will be announced on 8th June Monday .
What are the new things will be seen after Hard Fork on Hive blockchain?
Hive is moving to open source governance which means anybody can elected for top witnesses by contributing to the network through its development and investment.
Here are changes which we can see on hive blockchain after hard fork.
1. Blockchain id : Hive was created unplanned after big disagreement on the freedom of speech protocol where hive communities decided to be decentralised and governed by communities instead one boss. after hard fork from steem blockchain , it could not changed yet its blockchain id which was big troublesome for new enterprises or Dapps developer to adopt the network with full security .changing blockchain id is the first priority for the hard fork to make the network more secure ,stable ., progressive .
2. 30 days cool down for witnesses or governance voting : Hive communities has learnt such a big lesson after steem project where Justin sun bought the steemit.inc where it has 20 millions steem power which utilised as influencer in the network and started freezing top witnesses accounts maliciously. it was happened because ,in steem blockchain anybody can buy steem and convert it to steem power to get the right to vote the witnesses which was not balanced for governance for steem ecosystem and resulted manipulation in the network stability . This is the fault what hive blockchain wants to correct . so after hard fork , whoever will have newly at hive and bought hive power, needs to wait 30 days to become influencer in the hive blockchain for votings rights .
3. Faster ,easier and affordable : This is most common technical issues has been recently faced by new users and investors about hive ecosystem for running nodes which is not easy and adoptable for mass . Currently the cost of amount of resources is not affordable for hive infrastructure where if hive expands then needs more seed nodes. This sounds more technical but all the communities contributors has decided to make the hive more friendly for users and investors after hard fork .
4. Correct the incorrect made decisions: The hive communities has planned to Airdrop for those recipient who incorrectly excluded during previous airdrop and will be added additional users who will be choosen on the base of proposal votings by communities. and the airdrop will be happen to their account after first block mined later hard fork.
Hope all these changes will be progressive for the betterment of blogging revolution on the blockchain.
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