Re:Ethereum Protocol Developer Holds $115k Worth of DAO Tokens
by kalleboo on Thursday June 30, 2016 @12:09AM
(#12006509)
He's invested in a specific contract someone else created on the network. Not specifically invested in the currency itself.
The ethereum website starts off with this line:
> Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference
The developers of Ethereum now want to censor transactions from a certain address and interfere with a certain contract because it ran exactly as programmed (including bugs).
That is why it's a controversial fork. If the only reason they're going against the stated principles of the network because the developers are heavily invested themselves... it makes it more controversial. If they're not invested in the next big contract to fail, will that one get bailed out as well?
The ethereum website starts off with this line:
> Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference
The developers of Ethereum now want to censor transactions from a certain address and interfere with a certain contract because it ran exactly as programmed (including bugs).
That is why it's a controversial fork. If the only reason they're going against the stated principles of the network because the developers are heavily invested themselves... it makes it more controversial. If they're not invested in the next big contract to fail, will that one get bailed out as well?