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RE: World Crypto Network: Most clueless people regarding Steemit?

in #steemit8 years ago

These guys are not even wrong. Bitcoin is not immutable it can be hard forked by the will of miners. ETC is not immutable in fact it could be easily forked again with little hashing security. When they claim the Govt. could just pressure Vitalik to fork is also absurd. Why? The code was implemented by miners and by nodes. I am glad Tone corrected them. I hold way more Bitcoin than Ether and Bitcoin never had an event like the darkdao. In its infancy no hacker stole 3-14% of its currency and if that happened many people would have favored a fork.

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I agree with what you said. I would just add that no ETH was ever stolen from any address on the Ethereum blockchain that wasn't actively participating in the DAO. So wheter that $$/BTC/ETH was being held by a software robot(DAO) or a human running an exchange Mark Karpeles(MT GOX) its always going to be a risk if you try these new things sub blockchain. Yeah the smart contract known as the DAO was exploited or hacked, but the Ethereum blockchain has not been hacked as of yet.

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