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Topic
Board Beginners & Help
Re: Exchange accidentally sent 512 bitcoins after coding error
by
Vladimir
on 02/09/2011, 17:36:12 UTC
Irreversible transactions do not make honour, ethic and law irrelevant.
I agree sir. With the numerous scams and claims occuring these days, I propose we set up a sortof "BitCourt" where these cases can be heard... the judges could be trusted members of the community who are elected every few years or so, that way if there is any corruption the MARKET will move to eliminate it. The bitcoin client will have to be modified to enforce their decisions, but this is a small price to pay to ensure that values like honour and integrity are upheld and our currency flourishes.

It is not going to work. And I personally will be against any modifications of fundamentals of the Bitcoin protocol, as surely will be all/most others with enough hashing power to matter.

Some mediation service could be viable eventually, but both parties would have to agree to use those...

Just be careful who you do business with.