3 ms·
They're now talking about essentially blacklisting the hacker's ETH address, how is that decentralised? Halting trading is a show of force too, if they believe
by mpeg 10y ago
They're now talking about essentially blacklisting the hacker's ETH address, how is that decentralised?
Halting trading is a show of force too, if they believed a single thing of what they preach they'd let the free market continue its course with the hacker walking away with the money.
Looking at your comment history it seems clear you have an agenda here, so I'll ignore the ad hominem.
- parasubvert 10y agoDecentralization doesn't mean complete lack of central control, or anarchy, it means that balance of power is in the periphery with the broader organization largely controlled by protocol and policy. Issuing an edict in a crisis doesn't necessarily imply centralization if the member nodes can ignore the edict. In the history of organization structures, for example, Peter Drucker in 1946 wrote the "Concept of the Corporation", a study on General Motors, which was arguably one of the early detailed studies of Decentralized governance in an organization.
- tremon 10y agohow is that decentralised? [..] Halting trading is a show of force too Decentralisation does not preclude "force". The one really has nothing to do with the other. Unless your idea of "decentralization" is actually the solipsist view that every person is an island, and social structures hold no benefit for survival.
- Bud 10y agoThe "free market"? I don't think that's what "free market" means.