[j8k99kuyr]

> 2. Decentralized voting on reversal of transactions (90-95%+ vote needed to reverse to avoid 51% attacks)

Couldn't you technically just 'git checkout' a previous commit from before the fraudulent transaction occurred and pretend it never happened? Isn't the real problem that you'd have to convince a majority of users to do the same?

[ttyprintk]

The DAO experiment ended this way. Once an exploit started siphoning tokens to a new fund, that same exploit allowed anyone the same maneuver. Fixing an exploit is changing the rules, and the experiment would have ended in deadlock without it.