Topic: [ANN] Ethereum: Welcome to the Beginning - page 890. (Read 2007090 times)

A hard-fork is the libertarian option! self.ethereum

submitted 4 minutes ago by HermanSchoenfeld

What's all the fuss about?

The thief can keep his loot on his chain and individual users can choose to fork their chains and undo the thief's exploit.

A hard-fork is perfectly consistent with libertarian fundamentals so long as it's not forced on anyone - it's a choice every user/node makes.

There's no contracts being broken, no one is being forced to upgrade and fork, and no ones taking away anyones loot.

If you want to live on the chain where the thief controls 15% of the supply, you can. If you want to provide goods and services for his stolen loot, you can! Those of us who find this idea reprehensible, don't have to. As free libertarians, we can individually choose to upgrade our nodes and fork our local chains and undo the thief's exploit.

It's like if a bank robber manages to steal 15% of USD currency and we choose to use AUD instead. We're not stealing the bank robbers money by choosing to use another currency, he can keep his loot all he wants. And if you want to accept it for goods and services, you can! We don't have to, because we are free libertarians and choose not too. What's the problem?
https://www.reddit.com/r/ethereum/comments/4p36ur/a_hardfork_is_the_libertarian_option/

pools can/should have voting, ethpool should make a banner or some sort in their page/s, coinotron has it.

but have they all be informed ? like the one that just said o i didnt know i can vote ?

essential are only the given votes (or the majority even if they not voted) ?

only 65000 out of 300000 voted
thats a minority
and only 50000 say yes to the sf

i didn't know about voting there..voted for soft fork

its a very interesting situation and will show what the crypto realy is in a moral view.

i look forwart to see who has the power

the devs ?
the miners?
the holders?
the exchanges ?

who will find  consensus and what will it be  ?

I don't think Ethereum is "broken", but obviously it's in big trouble and the DAO-bug is not just about DAO but about Solidity:



Ethereum itself seems to be flawed according to the latest developments on the DAO Hack.

(...)

[T]his was actually not a flaw or exploit in the DAO contract itself: technically the EVM was operating as intended, but Solidity was introducing security flaws into contracts that were not only missed by the community, but missed by the designers of the language themselves.

(...)

https://www.cryptocoinsnews.com/ethereum-solidity-flaw-dao/


Many say that. Another example:

"This problem is so serious that it cannot be treated as a bug in the DAO. The problem is with Solidity itself, which is the scripting language used in Ethereum. "

(...)

A sign that no one is prepared to write smart contracts in Solidity is the fact that the Ethereum dev team, the people who designed both Solidity and the DAO, could not even fix their own bug. They don’t have the ability to approach these bugs correctly, and neither, in my opinion, does anyone else. It may be possible to reliably write smart contracts that work correctly, but currently no one knows how to do it.

(...)

http://nakamotoinstitute.org/mempool/ethereum-is-doomed/?fb_ref=Default#selection-261.3-265.96

Decentralization doesn’t mean that anything runs completely in the wild; it means that the power to change is led by consensus, rather than dictated. With the fork after the DAO exploit earlier this year, a lot of the arguments seemed to confuse the idea of deregulation with that of decentralization. A strongly-centralized blockchain is susceptible to corruption. A blockchain led by consensus is far less so. But a completely-unregulated blockchain (one which is only regulated by the originating code) is by its nature corrupt to begin with. Code can’t change itself to correct issues.

http://sebfor.com/misunderstanding-cryptocurrency/

exactly
if they do what they plan and beat the taker they act inmoral stealing back is stealing why not find the guy and sue him and see what the law says we cant take the law in our own hands what if the next does something different and we dont like it ?

i gues its a friendship thing or money this guys are very young maybe they dont realize yet what impact on the project  such a handling has

A hardfork would be the end of ETH. I hope most supporters understand this.

These are the widely anticipated Pluton crowdsale updates everyone has been waiting for. It starts later today!

https://medium.com/@PlutusIT/the-pluton-crowdsale-ether-to-contactless-payment-support-c6906c3e9db5#.xx0e4k4pm

same I don't think ETH should enforce this it's not like people blame the law when someone writes a shitty contract

If Ethereum decides to go with a hard fork I will lose all confidence in this token, forever.

M8 ETH is learning and creating just now, we all know this.
Yes a mistake was made but no way should one person be allowed to walk away with 1/3 of other peoples funds. If he can be stopped then he should be.
What if the attacker doesnt dump and causes more damage to your own created smart contract later on?
Im curious, what you will do if we spork or fork?

If they can change my contract via soft fork and miner pressure, I cant trust the contract to run as I design it, so no, this softfork proves the one unique thing ETH has is useless.

I think this is the part we are conflicting with, forget the DAO, forget the money, forget the "attacker", the softfork is changing the behavior of a contract, if this is not motivated by money, then they are just changing a contract in a way in which it was not designed.

Sure it had a bug, but that's not ETH's problem, the DAO should have tested their software better, the DAO GAVE the funds to the contract user though their own incompetence, now they want it back.

It became ETH's problem when they all panicked about the damage the 3millon ETH could do to the price of their currency

That is the issue I have with the soft fork, also the way they implemented the "fix" by adding a generic blacklist so any other "mistake" contracts can me added makes it impossible to trust unless you own more than 51% of the mining.


But like you said, we have totally different opinions of the impact of the suggested forks, because IMO if the "attacker" dumps that is ETH redistribution, the price (for the people that care) will recover, but removing the immutability of smart contracts invalidates the entire point of smart contracts, therefore you just have a coin with some extra features that can be used for games etc, it can never be trusted for any financial applications if it can be changed by the ETH network due to personal opinions.

Price doesnt matter to me, its for people who maybe un happy with the direction ETH goes in...
ETH is still being created , maybe if you wait until its actually complete you will get what you want.

i wouldnt mind if that happened

The vote is for a soft fork, just so the hacker does not profit anymore. DAO investors should never be refunded and ETH should be burned.

How is it fair if the votes are being bought? Honest question. ETH is bribing the miners, and you call it a fair vote.