Post
Topic
Board Altcoin Discussion
Re: Ethereum: Good alt or stay away?
by
sanadas
on 27/06/2016, 10:21:07 UTC
IMO it's rising now due to a soft fork solution has been supported by the community.
They now have an option to get the funds back without a hard fork
Indeed. It's reassuring to see how the ETH community is pulling together.

Can they get the 3.6 million stolen from the hacker back without using the hard fork? I thought soft fork just freeze the funds.
Yes they are working on it. Can't say much more right now but expect gud news.

They get the funds from the hacker, the hacker gets it back again, is there never ending loop? I thought there is 27 day freeze period.
28 days. And this allows for a resolution to be implemented at this time, and any other time such attack happens.

If all the DAO has been moved once now, can they can be moved again within 28 days? If not, we will have a quite period of 25 to 28 days.
Each movement takes 28 days. DAO funds are not released until after a 28 day period. So each movement gives us all an additional 28 day window.

Does it mean we have to do soft fork every 28 days? It is very inconvenient for the miners. Hope they will find a better solution.

The solution will be to dissolve the DAO and return the DAO to the investors. I hope there will be no problem in the process.