kaal:claim:3652481-009

The immutability of blockchain ledgers is itself a vulnerability, because once a DAO is in operation its essential construction is very difficult to alter should a bug in the code appear.

Source quote, verbatim

The immutable nature of blockchain ledgers could also make the DAO vulnerable to attacks because it is so difficult to alter the essential construction of the DAO once the system is in operation, should a bug in the code arise.

From

Wulf A. Kaal, Decentralized Autonomous Organizations – Internal Governance and External Legal Design (2020), III. DAO Limitations, p. 22
https://ssrn.com/abstract=3652481 · source PDF

Cite as

Wulf A. Kaal, Decentralized Autonomous Organizations – Internal Governance and External Legal Design (2020). SSRN: https://ssrn.com/abstract=3652481

Holds when

a bug exists in deployed DAO code

Classification

failuresupport: evidencedfailure: immutability trapfamily: smart-contract-rigiditysmart-contractsconsensus-and-securitydao

Verify

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