This new direction steps away from the burden of the Steemit Inc. ninja-mined stake, which has impacted the long term ability to work towards further development and decentralization for years.Hive will be a hard fork of the Steem Blockchain and will run independently of the existing Steem blockchain. At launch, Hive will be a direct copy of the existing blockchain with a few minor upgrades. All valid accounts on the Steem blockchain will receive an airdrop of Hive tokens.
The Justin Sun vs. the Steem community saga enters the next round. Recently, the dispute between the two parties escalated when the Steem community tried to activate a soft fork that tried to deprive Justin Sun,
Now the Steem community has hatched a new plan that will culminate in a hard fork of the Steem blockchain. The Steem community is essentially planning to move the current platform to a new blockchain to orphan the Sun-controlled blockchain.
Hive is a passionate effort, created by a large group of Steem community members who have long looked to move towards true decentralization and to help develop the code base. The years of distribution issues and reliance on a central entity for code and infrastructure has been at the heart of a revolution of sorts, and the new Hive blockchain is the culmination of stepping up […]
Author : Jake Simmons