Yesterday was a big day for the Bitcoin protocol and clients. This was the second hard fork this year, and it appears to have went smoothly. Nice job by the developers (and user base).
http://siliconangle.com/blog/2013/05/15/bitcoin-weekly-2013-may-15-bitcoin-hard-fork-today-mt-gox-dwolla-account-sized-by-dhs-bitpay-hires-core-developer-jeff-garzik/
Bitcoin blockchain hard fork happens today as versions migrate
Today, Wednesday, May 15th, is the day that the Bitcoin blockchain—the public record of all transactions over the entire peer-to-peer network—hard forks from a previous version to a new version. The newer version will allow updated protocol for v0.8 to use different sized blocks from v0.7 and will cause older Bitcoin clients to fail to operate in the future. Most people and a vast majority of Bitcoin miners are already upgraded so no ill effects are expected.
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This is necessary to prevent what happened last time when a disagreement happened between different versions of Bitcoin clients and started to cause a less-controlled hard fork. That too was handled extremely well and while it gave insights into what could happen should a similar event happen with the protocol in the future, it also revealed how robust the current infrastructure is; but it raises questions about the governance and scalability of the community.
Topic: Hard fork (May 15) went smoothly (Read 364 times)
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