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Except that the Ethereum Foundation and developers have just issued a patched client that does just that: miners can now choose to prevent the thief from spendi
by mablap 10y ago
Except that the Ethereum Foundation and developers have just issued a patched client that does just that: miners can now choose to prevent the thief from spending his/her coins. So in this sense it's really not so different.
- vectorpush 10y ago> miners can now choose to prevent the thief from spending his/her coins. While that sounds like a very useful feature, I think there is still a stark difference between having to update your money with security patches vs just not even worrying about any of that.
- mablap 10y agoUsers don't have to worry. Here the miners are akin to the banks. They process payments and thus they get to decide if the money is spent or not. For the end user, there is no difference. The fork only happens if over 51% of miners update.
- mmgutz 10y agoSo who decides who can prevent another person from getting his/her coins? I thought the whole purpose of cryptocurrency was to prevent that sort of thing.
- mablap 10y agoThe miners have the authority. Nothing forces them to accept a transaction.