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Everything you wrote is incorrect. >You realize that hacker sends funds to his own wallet -> ETH Foundation decides to roll back and contacts their miner bros,
by nootropicat 5y ago
Everything you wrote is incorrect.
>You realize that hacker sends funds to his own wallet -> ETH Foundation decides to roll back and contacts their miner bros, who had ZERO problems performing a 51% attack -> ETH Foundation can send the same funds again is essentially a double spend?
This is how a rollback happened in bitcoin two times: during the value overflow bug and during the database incompatibility bug (2013). The bitcoin blockchain was rolled back via a coordinated 51% attack. In the second case at least one double spend happened. Ethereum never had a rollback, the change was a hard fork that changed ownership of eth previously owned by the dao hacker.