[celticninja]

The existence of ETC says to me that ETH has the same problem, that is a bunch of power users can change the rules if they want to (if it is financially beneficial for them to do so). No different to a fiat currency controlled by the government.

[magnamerc]

Yeah that's just wrong. If you want to change the rules, you need to update the client software which means forking. Are you saying that a group of core devs can fork the chain and not have it be contentious?

[celticninja]

That's what happened with Ethereum.