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I don't consider forking to be a problem, though it very frequently gets treated like it's some silver bullet to the blockchain concept. Forking is the democrat
by z3c0 5y ago
I don't consider forking to be a problem, though it very frequently gets treated like it's some silver bullet to the blockchain concept. Forking is the democratic nature of the system at work. A few key players in the system are not the only "Generals" - everybody acting as a verification node is a General, and which fork they choose to follow is still a decision that they hold. Bitcoin being young and having hiccups prompted people to listen to the "expert generals", but this isn't a function of blockchains, just society overall. Collectively choosing to abandon a long chain in favor of a short chain based on the opinions of experts is a great solution to the permanence of blockchains, which poses its own challenges. Before this incident, it was believed that a blockchain had to be 100% correct upon initialization, and any software developer should realize how much of a pipe-dream that is.