You are viewing a single comment's thread from:
RE: Steem Consensus Witness Statement : Hardfork 0.23 (Codename: New Steem)
Steem HF23 and the Hive split are different situations because of asset continuity.
- The HIVE hardfork did not promise continuity. It is a new token under a new name. HIVE then sought exchange listings as a new token.
- The 0.23 steem hardfork is not issuing a new token, changing names or any such thing. The HF23 Steem blockchain will, afaik, leverage the exchange listings of the previous HF Steem. Also, continuity of stakeholder balances has been a feature of Steem hard-forks up until this particular one.
YMMV on how important one thinks continuity is important to the sanctity of private funds. I think continuity is very important.
However, this opens up a lot of interesting legal questions. For one, while people should not have their assets censored, technically, people should be able to run any fork they want.
So, what legal argument exists to say the witnesses are obligated to continue running a specific version of the code? I don't think witnesses can be compelled to run only a certain version. If they could be compelled to run a version it could open up for lawsuits all blockchains that ever forked.
This situation might indicate that blockchains simply don't offer censorship resistance unless consensus is reached by more participants than can be influenced toward a single goal.
I agree the legal ramifications will be interesting, should it ever be tested. I have my guesses on a few angles the lawyers might try, but I'm not prepared to put my thoughts about that on-chain.
Anyone who doesn't see the broad picture of what is happening here must wake up and realize as soon as possible the progressive chain of actions soon to happen (in the near future) resulting from using the Legacy Legal system to resolve a Cryptographic Currency DAO related problem.
Here is the chain of actions (I can envision the future).
Some sort of lawsuit goes forward in US courts surrounding cryptographic currency. This is actually engineered/designed by the powers that be for a specific reason.
Resulting from this lawsuit, DAOs are unfairly regulated as the public is not educated about DAO (as we are all still learning how to DAO).
Please be a responsible member of this cryptographic DAO and learn proper technology history. What happened to software as a result from people taking digital matters into legacy courtrooms?
https://bbs.fandom.com/wiki/SEA_vs._PKWARE
Please, we MUST NEVER repeat this problem.
We MUST solve democratic repos. And parties involved MUST resolve their differences for the overall good of all future cryptographic DAO technology..
WATCH THIS
DO NOT F%^$ THIS UP. IF YOU F^$% THIS UP, HUMANITY WILL BE SET BACK DECADES, IF NOT HUNDREDS OF YEARS.