3 ms·
> There's no recourse, no getting your money and/or assets back. That's not true. You'll go to a court of law and you'll revert the transaction. Just like this
by 323 5y ago
> There's no recourse, no getting your money and/or assets back.
That's not true. You'll go to a court of law and you'll revert the transaction. Just like this guy did, where he went to the contract owners:
> Thankfully I was also able to contact art blocks and OpenSea, who were able to transfer ownership of my projects to my hardware wallet. As much as I'd like my royalties and project ownership to be ironclad and locked into the smart contracts, centralization and individual discretion has its perks sometimes.
- NikolaNovak 5y agoIt's important to understand that there's no group-think. There's no organization company or group that speaks with single voice. I recognize that there are as many thoughts and motivations and intents as there are people. But it still gets frustrating when in one discussion on cryptocurrencies, it's all about absolute freedom from government/law/court/companies/Authority/TheMan, and in another argument it's "just use courts/laws/government the way you always do". I understand different people have different approaches and points of view. It just feels like with crypto currencies, they cancel each other. (I also recognize I'm an ignorant outsider looking in) Edit: Indeed, as I wrote this, already a sibling comment made a completely opposite "Of course; too bad, so sad, irreversibility is the point" argument.
- snarf21 5y agoThat's great for him but it kinda defeats the point of the blockchain being censorship resistant. And there have been tons of these like the DAO rollback. If a handful of people can just change the rules anytime they want, what's the point?