Forkast.News is now Forkast Labs

Reversing Blockchain Transactions?

Some members of the crypto community are starting to question the insistence that “code is law”. But is technology the only issue surrounding blockchain?

Welcome to The Daily Forkast – January 30, 2022 – presented by Joel Flynn.

In the blockchain world, the word “immutable” is seen as a guarantee that once a crypto transaction is recorded, it cannot be reversed. But some members of the community would argue that 100% immutability is overly restrictive.

Should we continue to accept that “code is law”, or should we be asking what happens when the law needs to be changed? We’ll have more on that in this episode.