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by nas 3403 days ago
Didn't the majority of the people deciding to fork stand to profit? I.e. they would restore their DAO funds? That's my understanding and makes me not want to touch Ethereum with a 10ft pole. Seems very much like mob rule vs a system of rules and contracts.
1 comments

No, the people deciding to fork were the ETH holders. A lot of them owned DAO tokens, but not a majority, probably about 10%. There was a coin vote before the fork which showed about 85% support, and the result was confirmed by the market after the fork (ETH is about 10x more expensive than ETC).