Blockholm Syndrome

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Meaning of Blockholm Syndrome

It is a concept when a Blockchain project makes serious errors in their base consensors protocol, and when it is pointed out or discovered, they can’t easily hard fork, so they double down on their previously bad decision, and/or paint it over with complexity and excuses.

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The above name was tweeted by @BobMCElrath and voted by 148 crypto community members above other 3 suggested names for the concept which were;

Blockholm syndrome – 37% votes

Sunk chain fallacy – 35% votes

Chainsplaining – 20%

Blockhead chaining – 8%

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