Golos Blockchain GLS: Hard Fork
Golos Blockchain was launched on 18 October 2016 as a code fork of the Steem blockchain. Golos was conceived as a decentralized social network and an independent blogosphere/mass medium without censorship.
Free transactions
Fast block confirmations (3 seconds)
Hierarchical role-based permissions (keys)
Delegated Proof-of-Stake Consensus (DPoS)
Placing your own dApps
What is a hardfork?
The cryptocurrency mainnet operates according to certain rules. To improve network performance or correct errors, changes are periodically introduced into it. A hard fork represents changes that are not compatible with previous versions of software supporting the cryptocurrency network. In order to continue to mine the cryptocurrency, miners need to update the software.
In some cases, as a result of a hard fork, a completely new cryptocurrency may appear, as happened with Bitcoin Cash and EthereumPoW.