Re:Proof of stake is incapable of producing a consensus
by SilasX on Thursday December 02, 2021 @11:24AM
(#29418193)
Regardless of how you word it, it amounts to the same thing: the protocol and signed, validated history say this happened, now we act like they did not, which is a violation of blockchain integrity.
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Re:Proof of stake is incapable of producing a consensus
by bouncycastle on Friday December 10, 2021 @09:53AM
(#29510545)
No, that's not what happened. No history was changed, and nothing was re-validated as you suggest. There was no "violation of blockchain integrity". The only thing that happened was that the upgraded version executed what's known as an "irregular state-change" which moved the ETH from TheDAO's smart contract to a new secure contract. So, it wasn't a roll-back, but a roll-forward, and the change was mined using PoW in accordance with all the blockchain block selection rules.
Re:Proof of stake is incapable of producing a consensus
by SilasX on Friday December 10, 2021 @04:18PM
(#29515555)
The hackers ("hackers") made valid transactions.
The hard fork reversed those transactions.
No matter what fancy spin you put on it, that was absolutely a violation of the blockchain's integrity, as it violated the principle that accepted transactions can't be reversed after the fact, even if you call it an "irregular state-change" that just keeps things secure.
You can absolutely defend the position that this was best for the ETH ecosystem. But it was absolutely a reneging on the blockchain rules.