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Everyone in the space who was paying attention knew the DAO was likely to be a debacle, which is a major secondary reason that many people opposed forking to sa
by pash 10y ago
Everyone in the space who was paying attention knew the DAO was likely to be a debacle, which is a major secondary reason that many people opposed forking to save it. This is what moral hazard looks like in the world of cryptographic "smart contracts".
- grandalf 10y ago> This is what moral hazard looks Yes, and I would have hoped/expected the curators of the Ethereum ecosystem to have greater respect for moral hazard.