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> Of course, it was a spectacular failure because nobody actually really wants "code is law"... instead all they did was re-invent mob rule and those with the l
by X6S1x6Okd1st 5y ago
> Of course, it was a spectacular failure because nobody actually really wants "code is law"... instead all they did was re-invent mob rule and those with the loudest voices decided what to do about the "theft".
IMO Ethereum did something that would be really nice to be able to do in the real world. A chain split, each participant got their resources on each side of the split (except the hacker) and each person got to choose which one to support, or both.
There was no need to bend to the "loudest voices" as to what to do with the theft, but rather to create two parallel chains and let each individual decide.