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Except let's not forget the DAO hack, where everything was forked because too many rich people lost their money.
by 3fe9a03ccd14ca5 7y ago
Except let's not forget the DAO hack, where everything was forked because too many rich people lost their money.
- drcode 7y agoIf by "everything" you mean "the balance in one address was moved to one other address" then that would be a correct statement.
- jki275 7y agoNo, they forked the whole thing, and essentially destroyed the concept that cryptocurrency ledgers were immutable.
- deleted 7y ago[deleted]
- drcode 7y agoBy installing the fork you agreed to the statement "everything is exactly as before except the balances of two addresses"
- commandersaki 7y agohttp://www.ic.unicamp.br/~stolfi/bitcoin/2017-12-06-manuscript-of-llangammontyrchrugog/2017-12-06-manuscript-of-llangammontyrchrugog.html http://www.ic.unicamp.br/~stolfi/bitcoin/2017-12-06-manuscri...
- jki275 7y agoAnd of course the fact that the fork is no longer immutable as it’s controlled by people who don’t believe in the core tenet of cryptocurrency.
- commandersaki 7y agohttp://www.ic.unicamp.br/~stolfi/bitcoin/2017-12-06-manuscript-of-llangammontyrchrugog/2017-12-06-manuscript-of-llangammontyrchrugog.html http://www.ic.unicamp.br/~stolfi/bitcoin/2017-12-06-manuscri...