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Trust that the ledger is actually immutable is what gives these tokens most of their value. I guess if the devs decide the loss of confidence in their product h
by bfuller 9y ago
Trust that the ledger is actually immutable is what gives these tokens most of their value. I guess if the devs decide the loss of confidence in their product hurts less than the loss from the hack then it makes sense to go for it.
- tlrobinson 9y agoThis is spot on. Even Bitcoin has forked to roll back transactions, though not recently, and in the past only due to protocol vulnerabilities, never 3rd party software like the DAO or a hacked exchange. I’d be wary of mature cryptocurrencies where this is feasible, especially if it’s "fixing" something that doesn’t affect the majority of users.