3 ms·
It'd be sort of a funny situation if this happened now, because a fork necessarily rolls back recent transactions. So, imagine if people are made aware of a bre
by notfed 2y ago
It'd be sort of a funny situation if this happened now, because a fork necessarily rolls back recent transactions. So, imagine if people are made aware of a break, and it caused a bank run (on Bitcoin for let's say). Well, tons of transactions would be reversed, including peoples' attempt to cash out. If the attack repeats the next day, the fork would happen again. It'd be utter chaos.
- kortilla 2y agoThere isn’t any going back until they have a version that supports different crypto (a hard fork). It’s not clear how you could possibly allow exits unless you literally ban all transactions on the chain after a certain date. At that point though, why would anyone be on the buy side of the sell to USD?