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Bitcoin has reversed funds multiple times via hard forks. The only thing this article proves is that ethereum is young
by cloudjacker 10y ago
Bitcoin has reversed funds multiple times via hard forks. The only thing this article proves is that ethereum is young
- aakilfernandes 10y agoBitcoin reversed to fix protocol errors, this is not a protocol error.
- sliverstorm 10y agoAn exploitable protocol weakness sounds like a type of protocol error to me. (But maybe I have entirely the wrong idea of what the attack vector was here)
- ubersync 10y agoThe bug was in the DAO conrtact, not the Ethereum protocol.
- sliverstorm 10y agoOk, my bad, I was not up to speed on the whole DAO thing.
- ubersync 10y agoThat is not true. Bitcoin has never reversed a transaction without a signature. The only time you are probably talking about is when someone made a block with a 9 billion bitcoin reward. Even then, they just convinced the miners to start a different chain. Thus, the chain with the 9 billion coins block just died. So yea, no reversal without a signature, ever!
- cloudjacker 10y agooh without a signature, a completely irrelevant qualifier that I didn't even make as a prerequisite! I'm also referring to the march 2013 hard fork so congratulations you just helped me prove my "multiple times" for the lay man
- ubersync 10y agoWhat happened in March 2013? Which transaction was reversed?
- cloudjacker 10y agoevery transaction that happened to be on the dropped chain. I never said the hard fork was specifically to target a particular transaction, the result is that every transaction on the dropped chain was reversed.