Newslink: Bitcoin's Software Has Been Rolled Back Before

in #newslink • 5 years ago

When Binance lost $40 million to hackers this week, the crypto community discussed reorganizing the chain after it was suggested by a developer from MIT. Many people were upset by this proposition, declaring that there was no way a coordinated effort with miners could be pulled off. However, most bitcoiners don’t seem to remember that a similar centralized decision was made in 2013, when Btc Guild’s hashrate was leveraged to downgrade the main chain from Bitcoin 0.8 to version 0.7.

https://news.bitcoin.com/bitcoins-software-has-been-rolled-back-before/

#bitcoin #cryptocurrency #blockchain
5 years ago in #newslink by
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