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I'm under the impression that the general philosophy of cryptocurrencies is that the code is the law. You can do anything that the code will allow you to do, be
by 07d046 10y ago
I'm under the impression that the general philosophy of cryptocurrencies is that the code is the law. You can do anything that the code will allow you to do, because it's designed so that you can trust the system and not people. It's a small step to say that it's also not the programmers' intent that matters, but the code itself, because it's the code that matters, not people.
(I'm not sure how this relates to courts of law.)
- iopq 10y agoThis isn't true, given how frequently hard forks happen in crypto. This means that the code said one thing, but the community decided that it was the wrong thing and everyone moved on to the new fork.