Hard Fork 20: What you need to know in 100 words or less. by shortsegments

steemit · @shortsegments · Sep 30 '18 (edited)

$3.27

Hard Fork 20: What you need to know in 100 words or less.

![B2D82C2C-B8AA-4119-8910-595D6D15C820.jpeg](https://cdn.steemitimages.com/DQmQbgzwCwqzHq5cb5JRRiS6FzyGqJTEkAe858xziBrtnwF/B2D82C2C-B8AA-4119-8910-595D6D15C820.jpeg)

**Hard Fork Twenty in 100 words or less + Pictures.**

Old term is “Bandwidth”, the New term is  **Resource Credits**,  these partially regenerate every day.

Old term is ”Voting Power”, the New term is  **Voting Mana**,  this partially regenerates every day.

Old Term  is ”Voting Powerbar”, the New Term is  **Voting Manabar**,  it partially regenerates daily.

Old Voting time was 30 minutes, New Time **15 minutes**, anything earlier your curation rewards are lost!

New Concept: Transactions: are votes, comments, transfers and power ups. 

New Concept is  **Transaction Costs**, which are measured in **Resource Credits**


**If you don’t have enough Resource Credits you can’t perform the transaction.**



**Cost of transactions in Resource Credits**         **09/28/2018**


Comments: 14,200,000,000
                                                           
Power-ups:    2,700,000,000
                                                              
Transfers:       2,700,000,000
                                                                      
Votes:               3,000,000,000
                                                                                                                                             

**Where do you go to find out how much Mana or Resource Credit you have?**

https://www.steemd.com/   **put your Steemit name here**

http://www.steemworld.org/   **put your Steemit name here**

Corrections and Additions Comment below.

Pictures of what these things look like on http://www.Steemd.com


![33BC13D2-3CAB-423C-A6E3-57BE8A4AF207.jpeg](https://cdn.steemitimages.com/DQmUHDkcimqSaCYbz5GZWgWMfpDVdHYaqVZxVAG8Km4FqqU/33BC13D2-3CAB-423C-A6E3-57BE8A4AF207.jpeg)


![5430A73A-9FF3-4403-ABD0-1C6EB534266E.jpeg](https://cdn.steemitimages.com/DQmWke8MxFZhXLfpGZk9bNCkGRHq9UAVDFXvnVX9pHzGVQU/5430A73A-9FF3-4403-ABD0-1C6EB534266E.jpeg)



![8F87FF80-5F61-4CC5-877F-D57259EFAFFD.jpeg](https://cdn.steemitimages.com/DQmTKH5s5WYFM7EP3SKk2HQQxM5v1wVMT9L1fjMCXkCvdxB/8F87FF80-5F61-4CC5-877F-D57259EFAFFD.jpeg)


**@shortsegments** 

**Keep Steeming**

 ![C073661C-C7E3-416A-998F-5C1AAEA663FD.jpeg](https://cdn.steemitimages.com/DQmbHjoamBFXVVvAXvsdhS24pmP7zn2h7Zk7dG4JvtBLQGw/C073661C-C7E3-416A-998F-5C1AAEA663FD.jpeg)


![3A7D671C-9074-4DB3-9A96-7088BF4E59FA.jpeg](https://cdn.steemitimages.com/DQmatJqKf9Uog9vBJCxEgEWtE4ZnGJjmHGMCZSaLn18gPLy/3A7D671C-9074-4DB3-9A96-7088BF4E59FA.jpeg)

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@lexymaine · Sep 28 '18

$0.10

Hmm now I have a better understanding of what is actually going on here. Thanks

👍 shortsegments, lexymaine

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@shortsegments · Sep 28 '18

$0.08

Your welcome. Thanks for checking out my blog.

👍 shortsegments, lexymaine, shortshots, smallbites

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@shortsegments · Oct 2 '18 (edited)

$0.12

Thanks. 
What else could I include or explain better?

👍 shortsegments, lexymaine

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@lexymaine · Oct 3 '18

$0.07

A lil enlightenment on resource credits would be great

👍 shortsegments, lexymaine

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2 replies

@cryptoexpert79 · Sep 28 '18

$0.05

Hi @ shortsegments, i already know these terms. But i am happy to read your post because there are many new members who just joined steemit and do not know what happens to it. So it will be helpful for new users. Continue good work for future for newbies.

👍 shortsegments

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@shortsegments · Sep 28 '18

Thank you

👍 smallbites

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@cryptoexpert79 · Sep 29 '18

$0.05

You are welcome sir

👍 shortsegments

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@shortsegments · Oct 2 '18

Thanks
What else could I include or explain better?

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@mysearchisover · Sep 29 '18

$0.14

Upvote yourself so you can get up to .10 lol ;)

👍 shortsegments, mysearchisover, smallbites

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@shortsegments · Sep 29 '18

$0.06

Your right!
My rewards are so small without bidbots!

👍 mysearchisover, shortshots, smallbites

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@shortsegments · Oct 2 '18

$0.14

Thanks. 
What did you like about the post?
What else could I include or explain better?

👍 shortsegments, mysearchisover

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@mysearchisover · Oct 2 '18

$0.19

The info. You could do an updated one since I think the values changed??? 
I don't consider myself an expert on this new system othewise I would maybe make my own post and/or provide some more feedback.

👍 mysearchisover, shortsegments

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8 replies

@smallbites · Sep 29 '18

$0.10

This is a really good post. I can really understand the important things I need to know and not get distracted by technical terms or explanations.
Upvote and resteem!

👍 shortsegments

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@shortsegments · Sep 30 '18

$0.04

Thank you for stopping by my post and thanks for the appreciation!

👍 dustsweeper, shortshots, smallbites

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@shortshots · Sep 30 '18

Great Post, thanks for keeping us updated in plain English!

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@shortsegments · Oct 2 '18

$0.03

Thanks
What else could I include or explain better?

👍 dustsweeper, smallbites

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@preppervetuk · Sep 29 '18

$0.06

Goodbye SteemIt.

👍 shortsegments

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@shortsegments · Sep 30 '18

$0.04

Thanks for stopping by, I hope your okay, check out the patch!

👍 dustsweeper, shortshots

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@ahaaiah · Sep 29 '18 (edited)

$0.05

I congratulate you for sharing valuable information that the Steemit community can appreciate.

👍 shortsegments

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@shortsegments · Oct 2 '18 (edited)

Hi, thank you for the appreciation

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@shortsegments · Oct 2 '18

Thanks
What else could I include or explain better?

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@sleeplesswhale · Sep 29 '18

re-shortsegments-hard-fork-20-what-you-need-to-know-in-100-words-or-less-20180929t234441618z

You got a 17.53% upvote from @sleeplesswhale courtesy of @minnowpond!

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@shortshots · Sep 30 '18

$0.06

Great Post, thanks for keeping us updated in plain English!

👍 shortsegments

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@seakraken · Sep 30 '18

re-shortsegments-hard-fork-20-what-you-need-to-know-in-100-words-or-less-20180930t122246317z

You got a 14.29% upvote from @seakraken courtesy of @shortsegments! Release the Kraken!

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@flymehigh · Sep 30 '18

re-shortsegments-hard-fork-20-what-you-need-to-know-in-100-words-or-less-20180930t141851700z

Nice post ! You got 3.17% upvote from @flymehigh. Earn free sbd/steem daily by delegating(renting) your SP. We share high return, click here to [delegate your sp to flymehigh](https://steembottracker.com/delegation.html?delegatee=flymehigh) if you don't know, how to earn passive income by delegating your SP [click here](https://steemit.com/steemit/@flymehigh/how-to-earn-a-passive-income-on-steemit-how-to-delegate-rent-your-steem-power) for more info Join [our discord](https://discord.gg/4KV93EW) You can promote your posts. Thanks.

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@lovejuice · Sep 30 '18

re-shortsegments-hard-fork-20-what-you-need-to-know-in-100-words-or-less-20180930t142710644z

This post has received a 4.84% upvote from @lovejuice thanks to @minnowpond. They love you, so does Aggroed. Please be sure to vote for Witnesses at https://steemit.com/~witnesses.

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@onlyprofitbot · Sep 30 '18

re-shortsegments-hard-fork-20-what-you-need-to-know-in-100-words-or-less-20180930t150221974z

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@msp-bidbot · Sep 30 '18

re-shortsegments-hard-fork-20-what-you-need-to-know-in-100-words-or-less-20180930t153729094z

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@voteme · Sep 30 '18

re-shortsegments-hard-fork-20-what-you-need-to-know-in-100-words-or-less-20180930t160239236z

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@dailyupvotes · Sep 30 '18

re-shortsegments-hard-fork-20-what-you-need-to-know-in-100-words-or-less-20180930t165730298z

You got a 7.85% upvote from @dailyupvotes courtesy of @minnowpond!

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@luckyvotes · Sep 30 '18

re-shortsegments-hard-fork-20-what-you-need-to-know-in-100-words-or-less-20180930t183147871z

You got a 10.30% upvote from @luckyvotes courtesy of @minnowpond!

properties (22)

@minnowvotes · Sep 30 '18

re-shortsegments-hard-fork-20-what-you-need-to-know-in-100-words-or-less-20180930t184232091z

You got a 2.79% upvote from @minnowvotes courtesy of @minnowpond!

properties (22)

@treeplanter · Oct 1 '18

$0.02

Thanks for your donation

<center><h3>You just planted 0.06 tree(s)!</h3>
Thanks to @shortsegments 
<h3>We have planted already 3783.69 trees
 out of 1,000,000<h3>
Let's save and restore Abongphen Highland Forest
in Cameroonian village Kedjom-Keku!
Plant trees with @treeplanter and get paid for it!
My Steem Power = 30726.19
Thanks a lot!
 @martin.mikes coordinator of @kedjom-keku
![treeplantermessage_ok.png](https://steemitimages.com/DQmdeFhTevmcmLvubxMMDoYBoNSaz4ftt7PxktmLDmF2WGg/treeplantermessage_ok.png)</center>

👍 treeassistant

properties (23)vote details (1)

@sneaky-ninja · Oct 1 '18

re-shortsegments-hard-fork-20-what-you-need-to-know-in-100-words-or-less-20181001t212814127z

![sneaky-ninja-sword-xs.jpg](https://steemitimages.com/DQmde7XXhkKjmxyqBbBPTwkaiuXXrtQe6qXoWmCDZL1nD2B/sneaky-ninja-sword-xs.jpg)
Sneaky Ninja Attack! You have just been defended with a 3.88% upvote!
I was summoned by @shortsegments. I have done their bidding and now I will vanish...

woosh
A portion of the proceeds from your bid was used in support of @youarehope and @tarc.

[Abuse Policy]( https://steemit.com/steemit/@sneaky-ninja/new-sneaky-ninja-abuse-policy-must-read-for-all-users)
[Rules]( https://steemit.com/steemit/@sneaky-ninja/sneaky-ninja-reminder-of-rules)
[How to use Sneaky Ninja]( https://steemit.com/steemit/@sneaky-ninja/reminder-how-to-use-sneaky-ninja)
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properties (22)

@santos1983 · Oct 2 '18

$0.04

Thanks for the info. Its very helpful, mostly for new people like me!

👍 shortsegments

properties (23)vote details (1)

@shortsegments · Oct 2 '18

Thanks
What else could I include or explain better?

properties (22)

@kboss · Oct 3 '18

$0.05

Enlightening stuff. But quick question does it mean that once you are out of resource credit you really can't function on the platform until the next day and is there where you can purchase resource credit if you eventually do run out of them? @shortsegments

👍 shortsegments

properties (23)vote details (1)

@shortsegments · Oct 4 '18

$0.09

Hi 
Good questions. 
Once the number of resource credits you have falls below the cost of the transaction you want to make you can’t make that transaction. 
For example, if it costs 1.4 billon resources credits to comment on a post and your balance is 1 billion, you can’t comment. But a cheaper transaction like a Steem transfer costing 500 million resource credits could be done.  So it’s a “pay to play” system.
Your second question is actually also one of the most frequent questions and the answer is no. 
Steem developers didn’t want to create another commodity that people would sell, so they made resource credits nontransfersble for now. They do regenerate daily and if you buy more Steem and power it up to Steem Power you get more resource credits credited to your account. 
Great questions!

👍 shortsegments

properties (23)vote details (1)

@kboss · Oct 9 '18

$0.02

@shortsegments thanks a lot for the reply. Fun facts to note, use your resources well.

👍 shortsegments

properties (23)vote details (1)

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