Re:Ethereum price goes up nearly 50 percent in under a week
by TorKlingberg on Monday March 13, 2017 @05:40PM
(#13862704)
Ultimately a cryptocurrency, like many things, is only worth what people are willing to pay for it. If people decide to stop using Old Etherium and switch to New Etherium that works the same and where everyone except the hacker get New Eth for their Old Eth, there is no way to stop them.
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Re:Ethereum price goes up nearly 50 percent in under a week
by vvillena on Monday March 13, 2017 @07:24PM
(#13863520)
Exactly. Code is indeed law, but we should take into account both the code living on the blockchain and the code the nodes are running.
Re:Ethereum price goes up nearly 50 percent in under a week
by merlincorey on Monday March 13, 2017 @11:38PM
(#13864791)
This is a good point - the implementation always matters. If the implementation changes, it doesn't matter what the original specification was, the new implementation is the new spec, if it gains mass adoption.