@grillmaestro A search of my tweet archive shows that I haven’t tweeted at @WCPSS … odd. https://t.co/wJfMgAK3Wl
@grillmaestro Oh my, it appears that @WCPSS blocked me. I wonder if I hurt their feelings at some point.
@christi68920324 With the existing consensus algorithm. You can read more here: en.bitcoin.it/wiki/Softfork
@kristovatlas Value is above 0 - it survived! :-D
@christi68920324 Just discussions so far. The difference between forks is that soft forks are backwards compatible while hard forks aren’t.
BTC->USD at -2% today. $GBTC at +9%. $GTBTC premium at 97% over NAV. Do I hear 100%? Any takers?
RT @Zd3N: Level 2 of #Bitcoin #Crypto #Puzzle - Find private key in this image - Follow up: https://t.co/dGOD1Q9xQE https://t.co/rmKKnyfrkm
@cryptotraveler No, but if you read Vitalik’s thoughts on consensus then it shouldn’t be surprising: https://t.co/bU9V9CgYZ7
@cryptotraveler Not “some guy,” but rather the network validators. It’s still a form of distributed consensus.
@cryptotraveler But did Ethereum ever actually promise fungibility and immutability in the first place?
@colbydillion Maybe; the fundamental difference is peoples value of machine versus social consensus.
@Papirys1 Unfortunately not. We were not notified of this meeting and had no chance to air any of our grievances with the bill.
Best case for Bitcoin: Ethereum doesn’t hard fork to recover funds and doesn’t soft fork to freeze funds, so attacker dumps ETH for BTC.
@el33th4xor Sounds like an opportunity for smart contract security reviewers and insurance providers :-)
@gacrux_nz @oleganza Recall that Ethereum has already hard forked in the past. It will hard fork again in the future.
@gacrux_nz @oleganza I don’t think it promised that. It seems a lot of people are finally realizing ETH & BTC have diff security models.
@oditorium @prestonjbyrne @Steven_McKie @rbtkhn Yep; if I held ETH, I wouldn’t want to hand over that much to an attacker to dump on market.
@prestonjbyrne @Steven_McKie @rbtkhn Correct. If Ethereum community comes to a consensus that this is the preferred state, so it shall be.
@GitKilbert No one knows, but no crypto system has the ability to peg a stable value relative to any other asset.
@rbtkhn It’s possible to change the contract to allow people to withdraw their ETH: https://t.co/H5n53Xe4UR
@JopHartog Depends upon your perspective - V has argued for years that root of consensus is social. ETH holders should know what they bought
@cannamellia It’s not negative - it’s a different model. Both have pros & cons.
@JopHartog I’d be willing to wager BTC that the plan will be enacted as described.
Ethereum has never and will never have Bitcoin’s security model. Expecting it to perform like BTC is setting yourself up for disappointment.
@colbydillion Trust & value would be affected regardless of if DAO holders got their funds back.
@JopHartog The plan for enabling DAO holders to retrieve their funds has already been published.
@WhalePanda If you mean the later buyers, not sure of the details. Pretty sure the original expectation was they couldn’t get premium back.
This may be Ethereum’s first Goxxing, but unlike Gox, all funds are accounted for and will be returned in a timely fashion. #SilverLining
Final verdict: no. https://t.co/F7FhxNidme
@TuurDemeester Will ETH holders flee to the safety of BTC?
MrChrisEllis “theDAO will be winded down completely and transformed into a simple contract where you can only withdraw” pic.twitter.com/NAUkHO4u7O
jgarzik Snarking about #ethereum intervention by #bitcoin community is misplaced: BTC saw heavy intervention early in life too.
If The DAO attacker “gets away with it” then this will turn into a test of Ethereum’s privacy and fungibility.
@RyanRadloff More people are using smart wallets that won’t create low fee transactions that get stuck.
The result of deploying a large attack surface. How the devs handle this crisis is critical. https://t.co/02uoRtT1Xi
@oleganza Vitalik’s view is that the root of all consensus is social and he has a point. Similar coordination happens during Bitcoin crises.