Quote:
Originally Posted by TomCollins
Smart contract just means whatever whim that Vitalik wants to decide for who gets funds, right?
LOL watching this turd is quite the entertainment. Bitcoin price has boomed so much, and watching this fail will pretty much solidify it's position in terms of dominance.
Vitalik can't decide anything. The miners decide. Sure, Vitalik can give his opinion but he can't make anything happen on his own.
It's like the current btc block size debate. Lots of big names want bigger blocks, they can't do anything. It's up to the miners.
People are worried that if the miners do accept the hard fork proposal to roll back the hacked funds it sets a precedent that any mistake can be rolled back, or that there is control over the blockchain.
well there is control over the blockchain already. it's called mining power. so for whatever reason they want, miners can fork the blockchain if they want.
i had more to say when i was walking and reading on my phone, but now i forget.