On 25 July 2016 at 06:15, David Nicol <davidnicol@gmail.com> wrote: > > I suggest that conceptually it's a game changer. > > > Based on the messages in this thread, it looks like Ethereum > accidentally effected a "spinoff" distribution. > http://www.investopedia.com/terms/s/spinoff.asp Not a game changer at > all, unless you were previously playing a game where cryptocurrencies > had a restricted set of options compared to corporations. > > The subject line hype about "double spend as a feature" is misleading. > "A spinoff is the creation of an independent company through the sale or distribution of new shares of an existing business or division of a parent company" <http://www.investopedia.com/terms/p/parentcompany.asp> Doesnt seem to me quite the same thing. The chain forked, and the public/private keys are active on both chains. Thereby allowing users to spend the same coins twice.
Received on Monday, 25 July 2016 17:49:15 UTC