News for hackers. Stuff that matters.

A comment on Tether starting to lose its peg too, after Terra did. Parent comment

Re:Tether starting to lose its peg too, after Terra did by FabHK on Thursday May 12, 2022 @06:32AM (#31351897)
> an offchain change which people should respect even if there is nothing technically forcing them to follow it

Ah, the good old trust-less blockchain. Proved by maths, not by trust and decency and conventions like traditional finance.

[ Parent | on HN ]
Re:Tether starting to lose its peg too, after Terra did by charcircuit on Thursday May 12, 2022 @07:31AM (#31352428)
The vote is still proved by maths. Sometimes you want to just be able to poll the community. For example you may want to have your project translated into Spanish so you create a proposal to pay someone from the community fund $500 for translating the project's site and documentation.
[ Parent | on HN ]