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RE: Crypto Investors View On Ethereum Classic 51% Attack Double Spend

in #dtube6 years ago (edited)

Although I understand the motivation behind the ETC fork, I really do not support this kind of forks. They really have weakened the market and the movement for independent and public service orientated activities in general. It's great to have the ability to create private money projects, but the vision of Unity in this field vanished fast. It can be argued that ETH itself was such a deviation. And here I am in ambiguity, since the concept of smart contracts is such a great innovation. The BTC team at the time and today seems to be unable to combine public domain money, innovation and economics. It might be a too big task for the moment. In the future, we might get a new project which can be integrative and responsible enough. Up to now this all is a big experiment to explore the grounds. The power games in the field, threats real and imagined of 51% attacks are just part of this struggle.

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