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You are right to call me on this and given a probably-not-too-reasonable definition of "compromise" for Bitcoin, you are technically correct. But it's like get

by javert 13y ago

You are right to call me on this and given a probably-not-too-reasonable definition of "compromise" for Bitcoin, you are technically correct. But it's like getting a tour of the Tesla factory and saying, "It can't even run under water? Well gosh, this sucks!" Blockchain forks are _going_ to happen, because software isn't perfect. That has long been known. It's always been a question of when, not if. But they do not matter, because it's easy to heal them in precisely the way that this one was healed. Which is part of the beauty of bitcoin. They also don't matter much because they don't have much of an impact on users unless you're doing something you shouldn't do. > so the community has mostly forgotten it and those that remember would like to pretend it never happened. That's pretty cynical. I'd say the community has mostly forgotten it because it wasn't a surprise to anyone in the community that it could happen, it was just a matter of when. That the whole incident was pretty forgettable is a testament to how easy it is to heal a blockchain fork and how little impact one actually has.

rmc 13y ago
They also don't matter much because they don't have much of an impact on users unless you're doing something you shouldn't do. This is money we're talking about. If someone finds a way to make millions of euro by "doing something you shouldn't do", by god, someone'll do it. So then what happens?
- javert 13y ago
  The most realistic scenario I can think of where that would be possible is if a kidnapper demands that you pay them some huge quantity. You both meet up, you send them the transaction, they drop off the kid and leave, and then it turns out to have been a blockchain fork and you keep all the money. That is NOT how real business is done. When you are engaging in trade with someone, someone has to trust the other party, or you have to use escrow. Expecially if a ton of money is involved.

by javert 13y ago

rmc 13y ago

They also don't matter much because they don't have much of an impact on users unless you're doing something you shouldn't do. This is money we're talking about. If someone finds a way to make millions of euro by "doing something you shouldn't do", by god, someone'll do it. So then what happens?

javert 13y ago
The most realistic scenario I can think of where that would be possible is if a kidnapper demands that you pay them some huge quantity. You both meet up, you send them the transaction, they drop off the kid and leave, and then it turns out to have been a blockchain fork and you keep all the money. That is NOT how real business is done. When you are engaging in trade with someone, someone has to trust the other party, or you have to use escrow. Expecially if a ton of money is involved.