3 ms·
> probably not since they control the blockchain and they can fork it to undo the transaction Do you have anything to back that claim up? I don't understand, s
by steelbrain 5y ago
> probably not since they control the blockchain and they can fork it to undo the transaction
Do you have anything to back that claim up? I don't understand, since the whole fuss behind decentralized cryptos is that they are, you know, decentralized.
- lawn 5y agoTether is not a real cryptocurrency.
- CydeWeys 5y agoTether is not decentralized.
- thebean11 5y agoProbably referring to the infamous Ethereum fork which is not a good comparison. That was because of a security vulnerability found in multiple high-profile smart contracts, not someone fat fingering an address. I doubt Binance has the influence to convince anyone to fork just to save them. They have no outsized control over Tezos afaik. They could probably convince Tether to blacklist and refund the stolen/lost coins though, which is maybe what GP meant. That should not be confused with forking the underlying chain though.