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by beeflet
383 days ago
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If crypto transactions were reversible, then the person accepting cryptocurrency from thieves couldn't be confident that the chain of transactions would not be reversed. So it's a necessary condition of fungibility. Similar to physical cash or gold. Also, cryptocurrency transactions are reversible, it just takes a hard fork or a 51% attack in order to do so. See the etherium DAO hack and resulting fork. I would argue this is a bad thing, as it goes against the principles of cryptocurrency. |
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