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Code isn't law, is the point. No matter how many times people try to claim that, the legal system does not, to my understanding, actually work that way. It wo
by TameAntelope 5y ago
Code isn't law, is the point. No matter how many times people try to claim that, the legal system does not, to my understanding, actually work that way.
It would depend entirely on what a judge and a jury think about how the law ends up getting applied, were this tried in US courts.
- cwkoss 5y agoIf code isn't law, could a crypto holder sue a crypto miner for inflating the market supply and reducing the value of their holdings? What is the legal distinction between mining (which is intent of the protocol) and this attack (presumably not the intent of wormhole)? Do blockchain services need to create ToS's which can legally supercede in the case of bugs in order for courts to punish attackers? Would blockchain users accept a service with such a delegation of state?
- TameAntelope 5y agoYou can sue anyone for anything in my country (USA), but I don't know if you'd win, for so, so many reasons.
- PretzelPirate 5y agoInterestingly enough, the only people I see saying “code is law” nowadays are people who are accusing the blockchain community of being the ones pushing that idea.