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by vvillena
3302 days ago
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This is simply not true. The protocol spec that the DAO was in is still alive and well. It's called ETC. Could it be that you just resent the fact that people give a lot more value to a forked chain called ETH? This is understandable, since the DAO fail made clear that code run on blockchains still depend on human consensus. Code will run according to spec, but only as long as the people running the nodes decide to adopt a specific version of the protocol. Note that no blockchain tech, not even ETC, is free from this fact. You can run a blockchain using the protocol you want, but what gives it value is human consensus. Ethereum is not a tech utopia. But it is a damn cool tech, and understanding its limitations is important to be able to take advantage of it. |
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