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Comment by int32_64 | Hacker News Reader

The guy that made the 'bunker mode' tweet is an Ethereum guy, the chain that they reorganized when the wrong people lost money in the DAO hack.

What good are strong cryptography primitives for cryptocurrency if your "CEO" can successfully make calls to reorganize the chain?

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The chain wasn’t “reorganized”. It was an unusual state change in a smart contract, agreed by node operators.

Let’s also not forget that Satoshi actually rolled back the chain in 2010 after a hacker printed 184 billion BTC.

That was over 10 years ago now, when the chain was less than a year old. Things have changed. Can we drop it already?

We won't drop it. Ethereum was built on insecure management from day one. Satoshi proved that honest mining nodes follow the longest proof-of-work chain. Ethereum chose to start their own management and now continue to suffer the consequences.

What "consequences" are you referring to? Anything that has happened in the last 10 years?

Satoshi literally rolled back the chain in 2010 after the value overflow bug. Hilarious.

Ethereum only did a surgical state change on a smart contract. It wasn’t a rollback like Satoshi.

I haven't followed this subject. What's changed?

Basically everything. DeFi wasn't even really a thing back then - Ethereum had zero TVL when the rollback happened. Smart contracts were a brand new concept. Competing SC chains like Solana weren't even in the idea stage yet. It also had only one client. Now there is $50B+ in TVL and nine clients and a rollback is just not going to happen.

It's ancient history. It's like still criticizing Apple for how they handled Copland OS.

When it makes sense. Eth classic was a psy op from cardano guy.

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