It's pretty obvious at this point money cannot exist without some central trust.
Day in and day out watching crypto in it's current state it's pretty clear now.
Not ready for a trustless system.
If someone finds a better way... go invent it - be my guest.
Satoshi Nakamoto did thankfully.
Rollback will be the death of Vericoin.
Fork making the stolen coins disappear would be bad as well but better than a rollback.
If the aim is to stop the thief from profiting then that would work as well.
Rollback would be better for Mintpal.
In a fork I would expect them to work hard to pay for their security lapse and pay back their customers.
You still don't get or ignore the fact that 8 million coins staking would cause a 51% attack. Are you thick? There is no choice
There is always a choice.
The best "tech purist" choice? Leave it be and see what happens.
Bitcoin designed so that it is not in anyones best interest to break.
If 51% attack is now possible, so easily done and in the best interest to abuse, then Vericoin is broken and should die.
Second choice:
Fork to destroy coins. This way no profit or control for thief.
People who had all their money on Mintpal to day trade lose out and learn a lesson.
Third choice:
Rollback.
You know how I feel about this.
Choice 2.....
So, you are okay with forking, as long as the people do not get there money back who had it stolen?
Am I missing something? You make no sense
I'm definitely not ok with rollback.
That way you just protect a broken system.
Mintpal, who is partially at fault here, suffers none.
People who trust centralized systems don't learn not to.
It will set a ridiculous precedent.Maybe we should also immediately start forming the senate that decides what theft is big enough to warrant a rollback and who it will benefit?
In fork:
hacker does not get coins and the fear of 51% attack goes away.
Mintpal and daytraders lose lots of money.
People learn once again not to trust exchanges.
Maybe one day this will sink in and we will have peer to peer trading.
Either way there is meddling by dev and central bodies which is against the underlying principles.
You are exposing the logic of a thieves´ mind here. By punishing victims and encouraging fraud we will get a better system? really?
And again, your usage of the word centralized is completely stupid. In that regard everything would be centralized. Maybe you have been exposed to to many buzzword feeds.