Altcoins News

Story: Vitalik Buterin Ethereum (ETH) Pro Hard Fork in An Political and Economic Sense

By Steven Anderson

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Vitalik Buterin:  I am pro Hard Fork in an actually political and economic sense, they are better than soft forks.

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Lex Fridman:  I think it is a beautiful principle as stated that a soft fork may be more coercive than hard fork.  This is not just about cryptocurrencies.

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Hard Fork some people say this is when they talk about Ethereum is that you are trying to upgrade an airplane while it is fine. 

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Vitalik Buterin:  And, I think Soft Forks are also upgrading an airplane when it is fine.  There is definitely some truth to that.

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And, a split is highly undesirable right.  Well, it depends, if it is a split because of a bug than it is verbal.

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Lex Fridman: There is also political connections throughout the history of the United States.

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Vitalik Buterin:  It depends for blockchains in particular, the costs of people being able to peacefully go off and do their own thing and you know if you have a country and…

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Lex Fridman: So, if you were to look at the way things worked out at the block size wars and there was a split, whether it is Bitcoin Cash (BCH) whether it is like you putting…

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Vitalik Buterin:  I am definitely disappointed with what happened with the big block fight.

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First, there was a split of Bitcoin Cash.  Then of course Craig Wright came in and you know Craig Wright was this basically a scammer who just keeps pretending that he is…

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