What is this Fork everybody talks about!?

in #introduceyourself7 years ago

Hi, Im new! I looked into steem for a week now and I think I understand someof it. What happened today is what I dont really understand. It just seems like something in the steem protocol changed and everybody gets paid more. Anyway, steem will take a place in my life and Im loving it already! Thanks for any Info I really should know in the comments :)

planning to do more stuff. If you are interested in english and maybe some german content follow :P

Sort:  

How's life goin @lunedio. Welcome To Steemit . This New House for blogger and social network platform. I ll wait for your great post. Two thumbs for your intro. Keep Steem On and earn big money as a reward. Good luck guy !!. Nice to meet you. Im waitin for you to come. Visit my blog I ve latest post. Im following "Meme Contest" that i posted on my wall. I hope you like it.

Welcome to my best community (steemit)

Iam @ella-azizi, let's always create valuable and useful content.

Semoga you become the inspiration of many people here (steemit).

Because steemit is the best medium for now.don't siagsiakan it.

It just seems like something in the steem protocol changed and everybody gets paid more.

That's it right there, basically ;>

A fork is just a change to how the system operates; we are still in beta, so there will be more. Foe now, you should just relax and enjoy Steemit

OK, so I did get it quite right! Thanks :=)

Welcome to Steem @lunedio I have sent you a tip

Its when the blockchain literally "forks" like a fork in the road. It goes in a different direction then what was originally drawn. Now the payouts on steemit are higher so there is much more rewards.

Why does this cause the payouts to be so much higher?

Forking is the way block-chains say the program changed, but unlike in the matrix (Did I just see that cat again?) this fork is very beneficial to the minnows and not as much to the whales.

maxresdefault.jpg
IMG Credit Warner Brothers "The Matrix", copyright Sophia Stewart

Basically, it means that the "little guy" has a bit more voting power, and the bigger accounts have less--I think the idea is to motivate new users. Smart call!

Welcome :). xx, Kay

more power to more people. It does sound good!

Yeah, it's actually pretty cool. I'm already seeing the effects of it.

So many posts about it. Looking like many new user are coming... Steem to the moooon :P

An exciting improvement in the project.

Coin Marketplace

STEEM 0.17
TRX 0.16
JST 0.029
BTC 75113.42
ETH 2821.97
USDT 1.00
SBD 2.53