Its been proven that "Solidity" the language Ethereum uses, contains many flaws that will contribute to its eventual exploitation and downfall.
I wouldn't touch this mess with a 100-meter pole.
Topic: [2016-06-23] news.bitcoin.com-Purse.io CTO: Ethereum ‘Not Learning from .... (Read 308 times)
June 24, 2016, 11:48:29 AM
June 24, 2016, 01:45:16 AM
Purse.io CTO: Ethereum ‘Not Learning from History’
In a blog post, the developer requested Ethereum’s developers to “learn from the mistakes, just like bitcoin did.”
The post was made in the wake of the DAO hack, in which the equivalent of around $55 million was compromised and sent the value of both Ether and DAO tokens plummeting. Reactions to security and Ethereum architect Vitalik Buterin’s choice of measures to remedy the situation have been hugely varied.
“Dear Ethereum devs / contract devs / DAO devs, before you write a contract, do a soft fork, a hard fork, or roll a new currency, watch the bitcoin blockchain sync a few times,” Jeffrey continued. “Look at the weird transactions, read up on the history of them.”
READ MORE >>> https://news.bitcoin.com/purse-io-cto-ethereum-not-learning/
In a blog post, the developer requested Ethereum’s developers to “learn from the mistakes, just like bitcoin did.”
The post was made in the wake of the DAO hack, in which the equivalent of around $55 million was compromised and sent the value of both Ether and DAO tokens plummeting. Reactions to security and Ethereum architect Vitalik Buterin’s choice of measures to remedy the situation have been hugely varied.
“Dear Ethereum devs / contract devs / DAO devs, before you write a contract, do a soft fork, a hard fork, or roll a new currency, watch the bitcoin blockchain sync a few times,” Jeffrey continued. “Look at the weird transactions, read up on the history of them.”
READ MORE >>> https://news.bitcoin.com/purse-io-cto-ethereum-not-learning/
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