Hive Blockchain: Soft Hard-Fork

in Project HOPE4 years ago

image.png


A week ago Hive Blockchain made what they called a "Soft Fork" or a "Soft Hard-Fork".

Then they announced that for Wednesday 10-14-2020 they were going to fix certain "isuess" that were pending on the Hard Fork.

As of today, Friday 10-16-2020 at 14:27 (GMT) Hive users continue to experience difficulties accessing any of the dApps that run on that blockchain.

Here we can see some examples:

image.png


image.png


image.png


Perhaps one of the most worrying cases is the application: Hive.vote, which was disabled for more than 24 hours:

image.png

This is the main application used by the Curation Trails. With its lack of operation, many communities were affected since they could not assign upvotes to any of their members.


This directly affected the large accounts (Whales) that saw their Voting Power sitting without producing that desired curation ROI.


If we calculate all the HP (Hive Power) that has been stopped using in these last hours, we would be talking about high sums of money.

All this uncertainty and lack of information (since the blockchain database cannot be accessed) has prevented knowing the true Marketcap of the Hive Dollar (HBD), so the exchages cannot calculate its current value.

This has caused a dramatic drop in the value of HBD:

image.png

image.png


It only remains to hope that the team of Witnesses and Hive programmers work diligently so that this situation is solved in the next few hours, since it is affecting the economy of all users and investors, large and small.



@juanmolina


image.png


image.png
The world's most popular Bitcoin & cryptocurrency portfolio tracker. 100% free


image.png
Vive la experiencia BraveBrowser. Navegue rápido y seguro mientras gana tokens BAT.
Por favor descargue el navegador Brave usando mi Enlace de Referencia.



About Us

PH Members.png

JOIN OUR Discord


Web Site | Telegram | Discord | Instagram | Twitter | Facebook | Youtube

Sort:  

I'm sure it will get sorted mate, hang in there. Might be a good time to have a day or two rest over the weekend and hope it comes back on Monday! They were replaying the chain to make sure it's all correct yesterday I think (at least with Hive Engine).

 4 years ago  

Hello dearest friend!

Actually, I personally don't feel affected as I am a humble blogger. I have no holdings.

But I can't stop thinking about whales. A regular user, with 500K HP is losing +700 Hives weekly in curation.
On the other hand bloggers who are not receiving upvotes from these whales are also being affected.

But as you say, surely this will be fixed soon.

Hugs, Bro.

I'm a humble blogger too mate haha! Yeah I feel for those guys but I'm sure it will be resolved soon, there are some really smart folks on the case :)

Take care mate, hope all is well with you!

 4 years ago  

there are some really smart folks on the case :)

I totally agree.

Stay safe!

Greetings mate, I totally agree with you, since this update affected the entire hive ecosystem, where the healing route was not the most suitable expected by most of the users, thanks for great information and also that we see a favorable price for the hive .

 4 years ago  

Thanks for reading an comment, dear @newton666.

healing route

You mean, "curation trail".

Congratulations @juanmolina! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

You distributed more than 13000 upvotes. Your next target is to reach 14000 upvotes.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

 4 years ago  

Thank you for this update @juanmolina

Yours, Piotr

 4 years ago  

My pleasure.

Hello friend, in particular and without remorse, I totally and categorically agree with every point you touch in this publication, I think the learning is to take future provisions with the application of other HF so as not to stop the economic productivity of the curation trails.