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Immutable ledger means nobody can fix things like this
by kgin 5y ago
Immutable ledger means nobody can fix things like this
- eatYourFood 5y agoThat’s not what ‘immutable ledger’ means. An equally weighted credit can balance out a debit on an immutable ledger. I think ledgers are generally supposed to be immutable.
- jen729w 5y agoIndeed. One corrects a mistake, one does not go back and erase it. https://www.cliffsnotes.com/study-guides/accounting/accounting-principles-i/completion-of-the-accounting-cycle/correcting-entries https://www.cliffsnotes.com/study-guides/accounting/accounti...
- raesene9 5y agomeh, there have been multiple occasions where either rollbacks have happened (maker DAO https://levelup.gitconnected.com/how-ethereum-reversed-a-50-million-dao-attack-cee528d8c030 https://levelup.gitconnected.com/how-ethereum-reversed-a-50-...) or exchanges have frozen stolen coins.