Nerd Business


> posts tagged with ethereum...


27
Jul
2016

Ethereum Hard Fork, Hard Lesson

Ethereum is a big idea in motion: and is illustrating just how uncontrollable & unpredictable such a big idea can be. From breaking crowdfunding records, to a multi-million dollar heist, to a hard fork that and subsequent conflict in the community - the entertainment is far from over. The more interesting development is happening right now as the market decides what to do next.

With the original chain rising from the dead it is clear to me that there is a secondary dimension of the fork process the pro forkers and Ethereum foundation developers did not anticipate. And actually is a good lesson in how not to fork a cryptocurrency; as well as serving as a great example of the power of the will of the market.