Ethereum Q&A: Lessons From the Hard Fork

3 years ago
7

The lessons and unintended results of TheDAO hack and the Ethereum contentious hard fork. Technical success but political failure. The expensive potential damage for all cryptocurrencies with contentious hard forks. All cryptocurrencies get one mulligan. Being in a position where you're making decisions in this ecosystem is very difficult and a dangerous handicap. Tendencies to fragment. The Bitcoin Unlimited remote exploit bug. They should be relieved it was discovered early. Quality of code does not depend on having the best "superstar" developers, because they come on a Bell curve; quality code comes from a good QA process and a very large, diverse development team matter. Ethereum has a fantastic opportunity to learn from the mistakes of Bitcoin, and Bitcoin from the mistakes of Ethereum. Cross-ecosystem learning is how we mature.

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