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I think the more important lesson from the DAO hack was the fork itself, and that by organizing it, Vitalik and friends saved their own wallets (after hilarious
by lakecresva 6y ago
I think the more important lesson from the DAO hack was the fork itself, and that by organizing it, Vitalik and friends saved their own wallets (after hilariously asking exchanges to stop trading). If the people holding the reigns can get what they want by applying the right amount of influence, it's not any better than what we already have, and is probably not a great vehicle for realizing the utility of self-executing financial or legal agreements.