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Suppose for a minute the miners and the software developers disagreed strongly on some important decision. What do you think would happen? * Would the softwar
by drewcrawford 10y ago
Suppose for a minute the miners and the software developers disagreed strongly on some important decision. What do you think would happen?
* Would the software developers suck it up and follow the miners?
* Would the pool of software developers shrink because various developers do not find implementing the will of the miners to be an enjoyable hobby and/or job anymore?
* Would the miners hire new software developers to replace the ones that leave?
* Would there be a fork?
I don't know, but pretending that "the protocol is decentralised, the technology is completely agnostic to anything but the will of the majority" is ignoring the realpolitik of this kind of situation.
Saying that Ethereum implements the will of the majority is like saying American democracy implements the will of the majority. Sort of? But meanwhile there are a lot of empirical studies [0] demonstrating that the will of the people has little to no influence over American public policy. A democratic financial system is much more corruptible than a democratic political system.
[0] https://scholar.princeton.edu/sites/default/files/mgilens/files/gilens_and_page_2014_-testing_theories_of_american_politics.doc.pdf https://scholar.princeton.edu/sites/default/files/mgilens/fi...