Viewing a response to: @blocktrades/why-i-won-t-be-compromising-with-justin-sun
Can someone who understands the implementation details better than little ol' me explain how a new coin and a swap thingie would be different/better than simply hard-forking the chain as is with new witnesses? Legit, I just don't understand the technical difference. Please enlighten me.
| post_id | 85,247,235 |
|---|---|
| author | crell |
| permlink | re-blocktrades-q7b6g7 |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steempeak\/2020.03.4"} |
| created | 2020-03-16 22:57:45 |
| last_update | 2020-03-16 22:57:45 |
| depth | 1 |
| children | 3 |
| net_rshares | 0 |
| last_payout | 2020-03-23 22:57:45 |
| cashout_time | 1969-12-31 23:59:59 |
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| author_reputation | 1,529,130,125,449 |
| root_title | "Why I won’t be compromising with Justin Sun" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 SBD |
| percent_steem_dollars | 10,000 |
It is mostly a matter of a new name and new Chain ID which is a low level sequence of numbers which is what allows nodes to know if they are communicating with other nodes on the same chain. Steem has one Chain ID and the new chain will have a different one. The existing chain will continue unaffected.
| post_id | 85,259,038 |
|---|---|
| author | smooth |
| permlink | q7c48j |
| category | steem |
| json_metadata | {"app":"steemit\/0.2"} |
| created | 2020-03-17 11:07:36 |
| last_update | 2020-03-17 11:07:36 |
| depth | 2 |
| children | 2 |
| net_rshares | 0 |
| last_payout | 2020-03-24 11:07:36 |
| cashout_time | 1969-12-31 23:59:59 |
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| author_reputation | 119,002,354,889,508 |
| root_title | "Why I won’t be compromising with Justin Sun" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 SBD |
| percent_steem_dollars | 10,000 |
So in practice, it is just taking the existing code, changing the chain ID marker, and spinning up a bunch of witnesses? That's easier than forking the existing chain?
| post_id | 85,273,115 |
|---|---|
| author | crell |
| permlink | re-smooth-q7d3j6 |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steempeak\/2020.03.6"} |
| created | 2020-03-17 23:49:54 |
| last_update | 2020-03-17 23:49:54 |
| depth | 3 |
| children | 1 |
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| last_payout | 2020-03-24 23:49:54 |
| cashout_time | 1969-12-31 23:59:59 |
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| curator_payout_value | 0.000 SBD |
| pending_payout_value | 0.000 SBD |
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| author_reputation | 1,529,130,125,449 |
| root_title | "Why I won’t be compromising with Justin Sun" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 SBD |
| percent_steem_dollars | 10,000 |
It is both that and forking the existing chain. There are multiple ways to fork a chain, this being one of them.
| post_id | 85,276,569 |
|---|---|
| author | smooth |
| permlink | q7dgek |
| category | steem |
| json_metadata | {"app":"steemit\/0.2"} |
| created | 2020-03-18 04:27:57 |
| last_update | 2020-03-18 04:27:57 |
| depth | 4 |
| children | 0 |
| net_rshares | 0 |
| last_payout | 2020-03-25 04:27:57 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 SBD |
| curator_payout_value | 0.000 SBD |
| pending_payout_value | 0.000 SBD |
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| body_length | 112 |
| author_reputation | 119,002,354,889,508 |
| root_title | "Why I won’t be compromising with Justin Sun" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 SBD |
| percent_steem_dollars | 10,000 |