4 ms·
Why? The DAO is implicitly referencing how ethereum works, it's not specifying that directly. So changing how ethereum works should be perfectly valid, and the
by ikeboy 10y ago
Why? The DAO is implicitly referencing how ethereum works, it's not specifying that directly. So changing how ethereum works should be perfectly valid, and the DAOs terms would be valid, and yet refuse to run because ethereum changed to prevent it from running.
Also, strictly speaking it's not all the same people who might be bound by the contract as those who would do the forking.
- jacquesm 10y agoIt's the proverbial rock-and-a-hard-place dilemma. Stick to the contract and the original description: lose the funds. Fork and change how ethereum works and you've proven conclusively to all participants that a power grab is possible and that the contracts are all subject to future novel interpretation. DAO -> DOA either way.
- theli0nheart 10y agoIt sure seems that way, but this doesn't have anything to do with breach of contract per your original comment. Forking and changing how it works seems completely kosher from the contractual side, but seems like a bad idea for the reasons you stated.