We are now at Blurt 0.8.0 , A new hardfork with some changes !

in witness-update •  2 years ago 

Hello everyone ,
How are you all ? I hope everyone is fine and doing great in their life.

Today in the morning the talks for upgrading the blurt blockchain to hardfork 8 was started as saboin was done testing. All the witnesses were soon informed and sometime later 17 witnesses out of the top 21 witnesses upgraded to latest hardfork.

That means we are now at Blurt hardfork 8 version (0.8.0) , firstly i would like to thank who builded all the changes and secondly i would like to thank saboin for testing and making it easy for rest of the witnesses to upgrade to latest hardfork and lastly i would thank every witness as without them implementation of hardfork is not possible.

So thank you everyone.

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So i hope users have read the pinned post by blurtofficial to know what changes have been made in this hardfork. If not then i would request users to go and refer that post.

In short let me tell that proxy voting is now removed ( something that is found on steem and hive ).

Also now your witness vote is equal to your stake. Earlier you could vote 30 users with 30x of your blurtpower, that means a user with 10k blurtpower was able to vote 30 people with 10k power.

What has changed now is that you can vote with your stake value only. That means if you have 10k blurtpower then you can vote to upto 30 witnesses with this power only.

If you vote one witness your entire 10k vote will be given to him if you vote two people then it will be distributed as 5k and 5k. So 1/30 of your blurtpower is that minimum you will use to vote in case you decide to vote for 30 witnesses.

To know complete changes refer to the official post pinned in your feed. That's all for today, this is kamranrkploy.

Thank you

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  ·  2 years ago  ·  

This just seems like a stab against the little guys.

What do you mean ?

  ·  2 years ago  ·  

My tiny vote gets even tinier.

I guess you have misunderstood. I am talking about witness votes not a normal vote that you perform on a post.

On post it is the same but the consensus for witness voting has changed not only for small but big users as well and that is done for security reasons.

Thank you and feel free to ask me again in case you have any doubts.

  ·  2 years ago  ·  

What's the security benefit?

It is now difficult for a person to come in and buy a particular amount of blurt to manipulate witnesses. If there are existing witnesses in top 20 with minimum of 3 million blurt votes then a person who tries to manipulate witness would have to buy 3 million blurt for achieving a single witness position.

So to control top 20 or to bring all the witnesses of his / her choice in top 20 that person would have to buy more and more blurt.

Again this does not mean we are now vulnerable to attacks but yes atleast it is now more difficult to do so.

Thank you

  ·  2 years ago  ·  

Poke poke. Look at my other comment.

  ·  2 years ago  ·  

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