Handling of the 2013 Bitcoin Blockchain ForkTue, Jul 28, 2015
Bitcoin (the blockchain, really) is one of the most significant advances in computer science in the last decade. This piece on Freedom to Tinker is a in-depth looking at how the 2013 blockchain fork was resolved. It’s notable that a fundamentally decentralized system benefited significantly by both centralized decision-making and hashpower. The lesson may be that we should develop and use systems that afford federation, but allow for centralization.