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RE: Ethereum Reaches Unanimous Agreement to Hardfork
Of course they will vote for the hard fork, their investments are at stake. The real issue may be the legal ramifications of this whole fiasco.
Of course they will vote for the hard fork, their investments are at stake. The real issue may be the legal ramifications of this whole fiasco.
Nobody is forcing anybody into the new chain.
If old-chain-ether devalues, tough luck.
That's not entirely true. The core devs endorsing the fork pretty much insures the exchanges will fork as well. Sure, you can stay on the old chain but then what? A pile of dETH you can't move.
I really don't think that "The Attacker" has as strong a legal case as he claims to have.
The legal ramifications are not about "The Attacker". The biggest one is the intentional evasion of securities law by the slock.it and the DAO creators. But additional legal ramifications of a hard frok are that jurisdictions may start turning to the Ethereum Foundation and ethereum developers to alter contract balances in similar ways to this proposal for instances they are interested in.
"But additional legal ramifications of a hard frok are that jurisdictions may start turning to the Ethereum Foundation and ethereum developers to alter contract balances in similar ways to this proposal for instances they are interested in."
They could do that even if there wasn't a hard fork.
Correct, yes they could. But this makes it more obvious that it is possible to successfully pursue, despite previous claims of things like "immutability" and "decentralization".
I think the legal ramifications would be what happens when the Dao investors lose their money, if anything.