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Comment by adamrezich

Like I said in another comment, there was no bug in Ethereum, there was a loophole in the DAO contract script. In my mind, this is somewhat akin to creating a new currency, and then when a major bank trading in/holding that currency gets robbed due to lax security, the bankers decide that everyone needs to round all the currency up and rewind time and pretend like that never happened as a solution. Who's to say that won't happen again? I know that the DAO is instrumental to the early success of Ethereum, but what if some other major third-party is attacked in a similar way in the future? Are we just going to hard-fork every time something like this happens? What happens if/when Ethereum takes off, and eventually is used for elections or something? Will undesired election results cause hard-forks by the dissenting party? It just seems like a slippery slope to me, with no solution other than "well let's hard fork it now and reserve the right to hard fork it again in the future".

It also concerned me that it sure seemed like nearly everyone who was in favor of the hard fork had invested in the DAO and nearly everyone who was against it had not.

parent adamrezich 9 years ago

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