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> As we saw with Ethereum. They simply pushed out new code that rewrote history. Do some basic research. History was never rewritten and new code was never pus
by codewiz 7y ago
> As we saw with Ethereum. They simply pushed out new code that rewrote history.
Do some basic research. History was never rewritten and new code was never pushed on users. Users voted in favor of the DAO fork, then users voluntarily downloaded newer versions of their wallets in which the respective developers had implemented the agreed upon new rules that moved the stolen money to a recovery account.
- spookthesunset 7y ago> stolen money to a recovery account The money was never stolen. A person found a loophole in the code, which everybody agreed upon by virtue of buying into it, and took advantage of it. Code is law. It said so right in the terms & conditions. It is on each buyer to fully audit the code for every single possible loophole--that what is expected of all parties when "code is law". The DAO rollback destroyed any credibility ethereum (or any crypto) had. The blockchain is fully mutable if the mob wills it. Calling it "theft" is one of the more laughable ways the top of the pyramid tried to spin the whole thing.