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by vkreso 3295 days ago
There are no perfect rules nor there is perfect law. The hard fork was simply an abandonment of an obviously unjust law, a revolution really. The people voted with their feet, and the current market cap is an indicator of where those votes went.

People don't like to get screwed over.

3 comments

In that case, why not just use current contract law with centuries of jurisprudence? Without, "code is the contract", Ethereum is a pointless, buggy, leaky abstraction of current contract law.
Perhaps in some cases a broad consensus mechanism (like hard fork) is preferable to putting it in the hands of 12 random people.
> Perhaps in some cases a broad consensus mechanism (like hard fork) is preferable to putting it in the hands of 12 random people

Sounds good in theory. In practice it's mob rule. We have pretty good evidence, i.e. history, that the rule of law is better.

Ok, so you are saying there is scientific evidence for for the statement "the rule of law is better than mob rule"?

I'd love to see a couple citations for that? Hell, I'd be fascinated to read the experimental setup.

To be truthful, it sounds like someone hooked you with some pseudoscience on poor foundations.

As long as you're a Wookie. In the meantime, Droids will get screwed over.
Just don't be a droid.
>The hard fork was simply an abandonment of an obviously unjust law, a revolution really.

This is what Ethereum users actually believe.

Want it or not, Ethereum is very much led by a small group of people, and when those people lose their money, they ask the community to hard fork because really it would be a shame if the cryptocurrency they invested in lost value and became worthless. After all, it's not as if every cryptocurreency was nothing more than just a way to speculate.

Ask a thousand people if they want to lose money or win some, they'll all answer win. Even if lose is the normal (and in Etheureum's case, codified and agreed on by everyone) course of action.

By the way, the vote was at a default 'yes' and had to be explicitly disabled.

The whole point of computers is that they're perfect rule-following systems.