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RE: Power Hour from the MyEtherWallet Team: MyEtherWallet, Preventing Replays, and Ethereum Classic (ETC)

in #ethereum • 8 years ago

We do not support that chain.
We do not support what it stands for

It stands for censorship resistance and immutability. It stands for not bailing out the ethereum founders when they make stupid investment decisions. It stands for being a serious blockchain.

Why don't you?

8 years ago in #ethereum by
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     8 years ago (edited) 

    You are missing a large part of the story, or just ignoring it.

    1. A bailout is when you take the peoples money and bail out a company(usually).
    2. In this case the money was stolen from the people, and redistributed to those people(Not a bailout).
    3. What stupid investment decision are you talking about? A hacker exploiting code as it wasn't intended to be used the way it was?
    4. Do you have any factual basis for any of what you say, or are you just stirring the pot?

    A community as a whole making a decision to reverse an attack is not the same as a few individuals reversing a loss they had(remember the community was given the decision either way and it could have gone either way, but the entire community decided to fork it). So you are saying reversing it was censoring who? the hacker? You support someone stealing about 1/10 of the entirety of assets in a majority system?

    What I have started to notice is the only people who claim to support the etc chain are bitcoin enthusiasts who have an issue with eth because it seems to make them nervous, and/or they're pissed about the fact that btc had attacks that no one did anything about and people just lost their btc(POOF!). Either that, or oblivious/uneducated individuals that see the daily volatility and can't stay away from the chance to profit 150-300% in 24 hours.

    Don't get me wrong, I sold all my etc at a 300% profit and I'm cool with that. I also am aware it is a useless/failing chain that has literally 0 future, so I do not support it nor try to get other people to jump on board.

    If you don't support eth and what it is, that's totally fine, but badmouthing(inaccurately at best) the creators because you're upset about what the community as a whole decided to do(pretty much unanimously), just get out of it, and these discussions. There's nothing for you here. Supporting the old eth chain without the founders(the same guys that created the fork you are supporting with etc, so a little hypocritical to talk badly about them), is unfounded(dumb), as the best it will ever be able to do is ride on the coattails of eth for a while before becoming completely useless.