Ethereum and the hard fork discussion, what we can learn from

Lots of discussion in forums and in the press are going on about the hard fork decsission from Ethereum because of the DAO issue.
I read a lot and thought a lot about the decision but I did not come to an opinion if it is good or bad for the project.

The conclusion I have is another one. The Blockchain is great, because nobody can make a rollback, correction, whatever hidden from the outside world! If they make changes they need to make it fully transparent AND if most of the nodes did not agree, it will not happen.

Other learnings:

  • We are at the beginning of using the technology and mistakes can happen
  • With Blockchain technology changes cannot be hidden from public
  • Human middleman or controlling instances will not be replaced fully from technology