Analyzing the 2013 Bitcoin fork: centralized decision-making saved the day
Freedom to Tinker 2015-07-28
Summary:
On March 11, 2013, Bitcoin experienced a technical crisis. Versions 0.7 and 0.8 of the software diverged from each other in behavior due to a bug, causing the block chain to “fork” into two. Considering how catastrophic a hard fork can be, the crisis was resolved quickly with remarkably little damage owing to the exemplary […]