Greetings SoMee Family

Today I will be teaching a very important topic BLOCKCHAIN FORK. This topic is rare and very important in the blockchain world. Please Don't skip this post

1. WHAT IS BLOCKCHAIN FORK

A fork is simply when a cryptocurrency splits into two different cryptocurrencies due to changes in the original cryptocurrency. Forks often happen when the coding of a blockchain or cryptocurrency is changed. When discussing forks, there are probably two types of forks, which are hard forks and soft forks. We will look at them later.

However, in a nutshell, a hard fork is when two blockchain networks are not compatible with each other, whereas a soft fork is when both the new and old versions of the blockchain network are compatible with each other.

Forks can sometimes be so complicated for users since they require the acquisition of new wallets, software updates, and also learning how to make use of the new system. In a nutshell, a fork is simply a division of a cryptocurrency, which often occurs. based on the disagreement that led to separation. As you keep on reading, you will get to know more about the hard fork and soft fork.

2. What are the differences between hard forks and soft forks?

2a. Soft forks are viewed as a more secure option that is backward compatible, ensuring that nodes that do not update to newer versions will still regard the chain as valid.

2b. A simple operating system upgrade on a computer or a mobile device can be compared to the distinction between hard forks and soft forks. All of the applications on the smartphone will continue to function after the upgrade with the new.

3. THE HIVE HARD FORK

Hive, on the other hand, was created on January 1, 2020, as a hard fork of the Decentralized Blogging Social Media Platform that separates itself from SoMee. Hive also rewards users with cryptocurrency just like SoMee. Hive cryptocurrency rewards include the Hive native coin and the Hive-backed Dollar (HBD).

the second image shows the genesis block of the hive

When a blockchain hard forks, the newly formed blockchains download the transaction history of the original blockchain and so share a common ancestor.

I hope you understand the concept. thank you for reading.

#SME #AweSME #crypto #someeofficial #SoMee #hive #learning #blockchain #forks

This was great little free camping spot AlphaHippie found last Spring when we went out on a multi-state roadtrip to go #Morel hunting. It ended up being too early, even though we went South to find them. We didn't care if we found any or not, because it was just about getting out of the city after a pretty cold winter.

This is within the #FieryForksConservationArea in #Missouri along the #NianguaRiver. There is a camping area with some back-in and pull through spots, but since the place was mostly empty we pulled up here along the river portage area for kayakers. With the lack of green, you can tell it was early Spring.

I can't wait until #MorelHunting season is on the horizon again.

Here's the GPS Coordinates 38.08485, -92.96033

#someeoriginals #originalcontent #RVing #roadtrippin #boondocking #camping #freecampsites #hiking #trail #travel #photography #myphoto #LandscapePhotography #nature #scenery #Awesme

The ETHEREUM Merge is finally successful and running.
It's great that this event happened smoothly and without hiccups.
But the markets is not really moving yet, let see when the US market opens.
But I personally think that the merge is already priced in. I'm just waiting for the potential airdrop of any hardforks of Old #ETH network.

MINA is on Token Metrics undervalued list that AI calculates. Keep in mind that Layer 1 , forks like NEAR, SOLANA, DOT, ATOM and so on are in the same sphere, but if you read about it HEX is more secure and that got proven recently with the NEAR-hack.
MINA can still be worth investing in, to be early and all. But in Layer 1’s I choose #HEX.

even ethereum has not entered its stacking phase, and it has already been forked so many times that it already looks like a mitochondrial cell, this week another fork of the network was born, they are known as shadow forks, and they contain the same data of the mainnet, the same data, history and chain ID. although it is noteworthy that this time it occurred in the goerli test network without major problems to the main one. this is also part of the first tests of the PoS system, which will be the new way of using ethereum

I loaded good chuck of OHM under 300$, and will be buying more on the pull backs with TIME yield money. I see great 2022 for OHM, lot of other forks not gonna make it tbh! no clear direction and lack of leadership on most forks. With TIME, I'm sure Dani will turn it into hedge fund.