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To Fork or Not To Fork

A $50 million decision

Deloitte blockchain experts examine the Etheruem community's decision to 'hard fork' following the DAO attack

Post 'DAO Attack' Analysis

'Immutability exists to ensure the preservation of truth across a community, it provides an auditable proof that events have occurred exactly as prescribed and expected. It is this predictability and assurance that is so valuable to the blockchain community and one can Immutability exists to ensure the preservation of truth across a community, it provides an auditable proof that events have occurred exactly as prescribed and expected. It is this predictability and assurance that is so valuable to the blockchain community and one can question whether it has been challenged by the hard fork.'


Following the 'DAO attack'- the most significant event in cyrptoeconomics since the inception of bitcoin, the Etheruem community were faced with a network defining decision: to fork or not to fork. Experts from Deloitte's Grid Blockchain Hub analyse the decision made by the community and examine what this means for the Etherum platform going forward.

 

 

 

 

To see the Grid Blockchain Hub's details of events during the aftermath of the attack, click here


 

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