Ethereum Is Coercive, Bitcoin Is Not

Ethereum Is Coercive, Bitcoin Is Not

Can open-source blockchains be coercive? In a latest debate between Erik Vorhees and Alex Gladstein, Vorhees asserted that “there’s nothing in Ethereum that’s primarily based on coercion, interval.”

Vorhees went on to make clear:

“I’ve a fairly excessive normal of coercion. It is principally like bodily violence or the specter of bodily violence, or theft or breach of contract. These classes of issues I name coercive. What’s not coercive is should you’re a part of an open-source software program undertaking and the bulk in that undertaking desires to do one thing and you do not. And so the undertaking goes in a path that you just did not need it to go in. That is not coercion. That is referred to as market forces. Individuals I feel usually will ascribe the phrase coercion to only issues which can be inconvenient or disagreeable or that or that really feel like they hurt them or that misplaced them cash. That is not coercion. I reserve that for extra intense interventions… I do not assume something that occurs in open blockchains is coercive, interval, except there’s some type of fraud occurring… I feel open-source software program protocols cannot be coercive.”

Voorhees, “What Bitcoin Did: Bitcoin Vs Altcoins 2 With Alex Gladstein And Erik Voorhees

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