5 ms·
The classic branch is still susceptible to the same problem, though. They didn't fork because of the DAO, but who's to say they won't fork because they don't li
by kej 9y ago
The classic branch is still susceptible to the same problem, though. They didn't fork because of the DAO, but who's to say they won't fork because they don't like the result of a different contract?
If I'm going to trust the enforceability of my contract to some group of people, I trust the established legal system--warts and all--much more than the mob rule of the Ethereum crowd.
- flomble 9y agoThe dev team for Classic is much less likely to attempt to do so, and the miners less likely to adopt such a fork, since they declined to accept the fork the first time it happened. If a fork happened in Classic to protect some party's financial interests, I think the more likely scenario is the great majority of miners opting to stay on the original branch. I get that it's not a complete guarantee, but neither is the legal system. Contracts can be invalidated based on a judge's perception of their unfairness, on a technicality, or even on a whim.
- jhildings 9y ago>much more than the mob rule of the Ethereum crowd. Also known as "miner consensus", same for all crypto currencies including btc
- splintercell 9y ago> The classic branch is still susceptible to the same problem, though. So is bitcoin.