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No, ETH is the token of the original chain which we agreed by social consensus to fork because of an attacker. A public blockchain is a network of people, and t
by decentralised 8y ago
No, ETH is the token of the original chain which we agreed by social consensus to fork because of an attacker. A public blockchain is a network of people, and the vast majority of the community is in Ethereum. That's what legitimises it.
Another example is BTC vs BCH. BCH is the original bitcoin code, but BTC is the original Bitcoin community.
- diakritikal 8y ago>Another example is BTC vs BCH. BCH is the original bitcoin code, but BTC is the original Bitcoin community. I think that's a rather disingenuous if not patently misleading statement. BCH is factually and unequivocally a fork of bitcoin code and blockchain.
- decentralised 8y agoAt the time of the segwit implementation, BCH kept the old protocol version. edit: I think you may have a point but I don't see it and you don't make it clear in your comment either. My point is clear and factual and doesn't need your approval.
- pavlov 8y agoETC is the original blockchain data. Whether that means it’s the original coin depends on the definition of “coin”, I guess.
- decentralised 8y agoETH and ETC both have the original blockchain data, but one corrected a criminal act by social consensus because we are normal people and we can discuss and reach agreements just like anybody else.
- pavlov 8y agoWas a police report ever made about the theft? What was the result of the police investigation?
- decentralised 8y agoI'm not sure if a report was made because it was possible to make reparations. I can ask around at Europol next time I'm there.
- pavlov 8y agoSounds like the value of the stolen property was $0 if it can be recovered by simply saying "We'll just give our money back to ourselves". I imagine the police wouldn't be very interested in such a case. Maybe the crime was hacking into a computer system? But the perpetrator was using the system's public interfaces exactly as intended. Is it criminal to call a method on a smart contract on a public distributed ledger? There's no criminal act. The Ethereum community just wants to see themselves as victims instead of accepting that they were hoisted with their own Turing-complete petard.