Hard forks have split the Ethereum community, and some suspect developers are forcing the community to make a decision

The Ethereum hard fork continues to be a hotly debated topic among cryptocurrency enthusiasts. Many people agree with the decision to save The DAO and its developers. But others worry that Ethereum developers are forcing the community to make this decision. It’s an exciting time for Ethereum, and the debate over the hard fork seems far from over.

Relying on a hard fork of the source code to solve a major problem can be a double-edged sword. On the one hand, this move could solve the problems of The DAO and recover the lost funds. However, on the other hand, this solution also sets a precedent that if something goes wrong in the future for Ethereum's "rich elite", the original code will be rolled back again.

Hard forks divide communities

In the cryptocurrency space, decentralization should always be a priority. Some people are concerned about the centralized solution of hard forking being used to protect a project on the Ethereum blockchain. From the beginning, this solution was considered very strange by experts because The DAO issue did not reflect Ethereum itself. It was just a mistake in the code of The DAO smart contract that caused $30 million worth of Ether to be transferred to a child DAO.

Yes, you are being forced by the developers to agree to a hard fork in order to recover the developers' investment in the DAO. - WhalePanda (@WhalePanda)

It is commendable that the decision-making process is open to the Ethereum community. At the same time, there are concerns about how the vote will be conducted and whether the process will be affected at any point in time. Finally, it is doubtful whether there will be any changes in the hard fork that will take effect in a few days.

Such a decision is a critical moment in the history of cryptocurrencies. Once the hard fork takes effect, the market will react to whatever happens next. Within an hour before and after the hard fork, all exchanges will stop depositing and withdrawing ether. This should prevent an instant crash in the price of Ethereum and The DAO tokens.

While there is a lot of disagreement within the cryptocurrency community as to whether or not a hard fork is a good idea, the die is cast. It will all be up to individual mining pools to support the hard fork, but most of them will be in favor. The next few weeks will be critical for Ethereum, that much is certain.

It is worth noting that an Ethereum Classic organization similar to Bitcoin Classic in the Bitcoin field has recently emerged. Ethereum Classic has expressed firm opposition to hard forks.