25 Jun '16, 3pm

Understanding The DAO Hack for Journalists

Understanding The DAO Hack for Journalists

"The involvement of the ethereum foundation in the DAO has been and is a mistake. As I see it ethereum is supposed to be the foundational infrastructure upon which a flurry of projects and experiments are supposed to blossom, and in order for them to blossom they need a foundation that is strong, and that has integrity in the face of challenges. The hard fork proposal is a compromise that ruins that integrity and signals that projects like the DAO can influence the underlying foundation to their own advantage. To me that is totally unacceptable and is a departure from the principles that drew me to ethereum."

Full article: http://www.coindesk.com/understanding-dao-hack-journalists/

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