Bitcoin Core Dev Jeff Garzik: Softforks Are a Rule by a Tiny Elite

Jeff Garzik, a core bitcoin developer who previously worked as Principal Software Engineer at RedHat before leaving to work full time on bitcoin development, stated in a public video that softforks are a rule by a “tiny, few technocratic elite.” The talk addressed the downsides of segwit “since only the upsides are promoted heavily,” by […]

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Ethereum Crises Deepens; SoftFork Out, HardFork Decision in Just 16 Days

The Ethereum community is in emergency mode as showstoping findings from the Cornell team sent the soft-fork option out. The only choice now available is whether to hard-fork or not, a decision that must be made in just 16 days. DDos vulnerabilities were found in Ethereum’s softfork which allows an attacker to exploit the gas […]

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Dear Ethereum Community. FORK IT!

In this position statement, I urge Ethereum’s community to fork, soft and hard. Like almost everyone, I fully dismissed Bitcoin in 2011 when a devastating MT Gox hack created a meme that Bitcoin was not safe, not secure, that the network could not be trusted with our money. Bitcoin almost died back then. I did […]

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Ethereum’s Soft-fork Unanimous, Hard-fork Uncertain

With $250 million on the line, Ethereum is moving at lightspeed as the latest unsybilable miner voting shows they almost unanimously back the fork, with more than 90% in favor. Gavin Wood, founder of Ethcore, the company that develops Parity, one of Ethereum’s clients, confirmed the soft-fork has been merged stating: “[T]he development branch of […]

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