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The author makes a lot of assumptions about DAO holders. I am both an ETH and DAO holder. I am pro hardfork, not because I will get my DTH back, but because 1)
by markkat 10y ago
The author makes a lot of assumptions about DAO holders. I am both an ETH and DAO holder. I am pro hardfork, not because I will get my DTH back, but because 1) the consequences of the attacker having that much ETH as Ethereum migrates to PoS and 2) it's much better than eternal white hat battles to control the DTH and the drama it would bring. TBH if we could just destroy all the DTH without a HF, I would be happiest with that solution. But, of course that cannot be done. I would prefer if the HF just burned the DTH.
Slock.it was very irresponsible not to cap The DAO from the beginning. Growing pains.
I didn't vote with carbonvote.com because I didn't have to. It was clear the HF was going to win. No need to mess with my cold wallets. There was no perfect outcome from this situation, but I see the HF as the least bad.
IMHO Bitcoin could use a HF, but they can't get one due to the centralization of mining in a few Chinese companies. I see that as a negative.
The threshold for a HF will likely grow for Ethereum as the network grows due to the diversity of stakeholders and their interests. These are very early times for Ethereum, and even for Bitcoin.
Ethereum does have more scheduled hard forks coming, BTW. The switch to PoS is going to require one.
- anonbanker 10y agoless than 13 hours later, your viewpoint was proven correct. The rule of HN and cryptocurrencies seems to be, look what the majority is saying, then do the exact opposite.