I think Ethereum undermined their whole reason for existence when they did a fork in response to a valid contract because enough people did not like the results.
The fact that they called it a hack when it explicitly followed the Ethereum guidelines calls into doubt the sincerity of the people behind Ethereum.
If people want to actually have malleable contracts in the case of fraud, the courts provide a much more accountable process that has had centuries of fine tuning.
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I think Ethereum undermined their whole reason for existence when they did a fork in response to a valid contract because enough people did not like the results.
The fact that they called it a hack when it explicitly followed the Ethereum guidelines calls into doubt the sincerity of the people behind Ethereum.
http://www.coindesk.com/understanding-dao-hack-journalists/
If people want to actually have malleable contracts in the case of fraud, the courts provide a much more accountable process that has had centuries of fine tuning.
This is why ethereum classic exists, but it's also shown that smart contacts are generally unreliable.
Random plug for non Turing complete smart contact systems like Decred.
(I don't own any decred, nor am I part of the team, I just idle in IRC.)