Can someone explain briefly what happened to ETH lately ? Thx
Yeah.
Fork should calm down investors and future investors that will just mean that ETH is under control of lead devs
But a fork is both good and bad. The good is investors get their ETH back, but the bad is the stigma it has for being the blockchain that rolled back transactions.
A vote is going out later on this weekend for a hard fork that will sort everything. The bug in the code has been sorted. Bugs can happen.
Look at "fork" as an
update or
correction by the original Ethereum developers and then released - but of course can be rejected by the currency exchanges and/or community.
That is how it works plain and simple. Nothing is wrong - things are being corrected as they should be when developing and using new technology.
Here is a great example:
The has already cost millions of dollars in financial loses to investors.
Why would anybody in their right mind listen/believe the integrity of whatever nonsense Eth devs have to say?
It isn't safe, and there's lots of interesting cryptocurrencies projects going on, Eth doesnt deserve any special attention.
These types of people tend to favor Bitcoin more which is fine but they don't appear to understand the differences.
Attempts to sue any Ethereum devloper by the guy who discovered and exploited the bug would be useless.
If an ATM machine gives you 10x more cash -- you report it - not take it because "well it gave me that much!".
This is actually how the real world works, and indeed
technology is still ruled by humans.
Imagine that?