The CEO of Synereo, Dor Konforty, has pointed out that the lesson to be learnt out of this whole situation is the fact that the human factor must be put into consideration and respected. Nevertheless, Konforty makes clear his support for Ethereum and states the position of his company over the June 17 attack on the DAO.
Rollback shouldn’t be an option
Despite being a major ETH and DAO holder, Konforty insists that a rollback will set a wrong precedent.
“A rollback will set a precedent. This is a decision that is crucial to the growth of the decentralization movement and to the trust in the decentralization community. We should own up to the results of our experiment, and learn from them.”
There is something to learn
Konforty points out that the lesson to be learnt out of this whole situation is the fact that the human factor must be put into consideration and respected. He makes reference to Greg Meredith’s opinion while explaining the Law of Compassion.
“Relinquishing human control may have some consequences that we need to really be present to. For example, thinking of the extremes, in a fully automated environment, there is no human beings to cut the chase when thing get out of hand.”
According to Meredith, such a situation could occur in a scenario where you have a lot of dynamic contracts all talking to each other and any tiny alteration would result in huge chaos.
A model by Synereo
According to Konforty, his company have long envisaged such a situation and have already taken necessary precautions.
“Synereo offers a social model; one that integrates measures of compassion in its code. Our reputation mechanism assures trust in people is still required, while tying the control assigned to them in formally-verified smart contracts – making that trust much harder to abuse.”
Nevertheless, Konforty concluded by stating in clear terms his support and that of his company towards the Ethereum project, saying:
“We have and will continue our partnership with Ethereum to ensure the decentralized community can feel confident in the code we all deliver.”