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RE: What Changes Were Included in the Creation of Hive (Hard Fork 23)?

in #hive • 4 years ago

Hi Luke,
I just want to check my understanding regarding two point that may well be misconceptions on my part.

  1. Only one third of the top twenty witnesses need to agree in order to make a rule change
  2. The Hive tokens that would have gone to Steemit account holders had they been included in the fork, will go into a fund for development.

Am i understand this correctly?

4 years ago in #hive by
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     4 years ago  

    No, DPoS requires 2/3+1 majority for a rule change. The tweaks here were designed to allow a non-majority group to create a new chain which is what happened. On that new chain, the 2/3+1 DPoS rule is still in place (unless they wanted to create a new chain, etc).

    For #2, it only impacts the accounts listed in the code there, but yes, the tokens were not burnt, they were sent to the proposal system which an be used for whatever the token holders agree to (such as development).

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     4 years ago  

    Thanks for clearing that up form me.
    And I am guessing that the J Sun Stake is being handled the same way?

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