Author

Topic: Analysis of the DAO exploit (Read 939 times)

full member
Activity: 226
Merit: 100
June 21, 2016, 02:18:08 AM
#12
ETH trash is made for fast profit only, there are some whales in, and the whales wants the price pumping and dumping to make tons of money like they are doing since this trashcoin born

ETH hacked, DAO hacked? serious? accident or purposely to make the prices go down? whales buy cheap and then pump the prices again.......

ETH was "allegedly" hacked

100% "purpose"

Sorry for the bad english and stay alway this pyramid pump and dump scam trash coin.
hero member
Activity: 532
Merit: 500
June 21, 2016, 01:57:23 AM
#11
Not very likely it gets dumped on an exchange. Stolen ether is more likely to be sold over-the-counter to a large buyer in order to avoid identification. Large buyers are more often holders than scalpers.

We have the block chain tracker. So the movement of these coins are recorded. It will be detected. The buyer shall be aware.

These coins will be dumped for BTC and then moved to a mixer for anonymity. From then they are safe to land in anyone's pockets. Crypto is a paradise for hackers and thieves.

So it is better to prevent that to happen by locking the Ethereum from the specific address. The miners are voting now.
hero member
Activity: 508
Merit: 500
Jahaha
June 20, 2016, 05:58:45 AM
#10
Not very likely it gets dumped on an exchange. Stolen ether is more likely to be sold over-the-counter to a large buyer in order to avoid identification. Large buyers are more often holders than scalpers.

We have the block chain tracker. So the movement of these coins are recorded. It will be detected. The buyer shall be aware.

These coins will be dumped for BTC and then moved to a mixer for anonymity. From then they are safe to land in anyone's pockets. Crypto is a paradise for hackers and thieves.
hero member
Activity: 532
Merit: 500
June 20, 2016, 01:55:43 AM
#9
Not very likely it gets dumped on an exchange. Stolen ether is more likely to be sold over-the-counter to a large buyer in order to avoid identification. Large buyers are more often holders than scalpers.

We have the block chain tracker. So the movement of these coins are recorded. It will be detected. The buyer shall be aware.
legendary
Activity: 1240
Merit: 1001
Thank God I'm an atheist
June 20, 2016, 01:38:19 AM
#8
interesting read, thanks for sharing

they say it was due to a DAO vulnerability that the attack succeeded... I don't see it like this.

isn't possibly to create never ending procedures a vulnerability by itself?

legendary
Activity: 1148
Merit: 1048
June 19, 2016, 01:47:42 PM
#7
If anyone is interested in how exactly did the DAO attack take place, this is excellent reading material. It is a bit technical.

http://hackingdistributed.com/2016/06/18/analysis-of-the-dao-exploit/

It will be great if we all just stopped caring about the DAO and focused our energy on something less dead.

But this is o so tasty at the moment, for those of us that called this sometime ago. But on a serious note, this is sound advice; besides being an interesting way to drive up my post count, we are giving this too much attention. It's like watching a ship sink with people on board, better maybe to walk away.
hero member
Activity: 508
Merit: 500
Jahaha
June 19, 2016, 12:54:04 PM
#6
If anyone is interested in how exactly did the DAO attack take place, this is excellent reading material. It is a bit technical.

http://hackingdistributed.com/2016/06/18/analysis-of-the-dao-exploit/

It will be great if we all just stopped caring about the DAO and focused our energy on something less dead.

It is a great read if you are interested technically. I know it doesn't matter when it comes to trade, but it is important for any dev to know what happened and learn some lessons.
full member
Activity: 294
Merit: 100
June 19, 2016, 08:32:12 AM
#5
Not very likely it gets dumped on an exchange. Stolen ether is more likely to be sold over-the-counter to a large buyer in order to avoid identification. Large buyers are more often holders than scalpers.
sr. member
Activity: 336
Merit: 265
June 19, 2016, 08:13:11 AM
#4
My explanation:

https://bitcointalksearch.org/topic/m.15273470

I expound on the technical explanation.
sr. member
Activity: 336
Merit: 250
June 19, 2016, 07:29:12 AM
#3
If anyone is interested in how exactly did the DAO attack take place, this is excellent reading material. It is a bit technical.

http://hackingdistributed.com/2016/06/18/analysis-of-the-dao-exploit/

It will be great if we all just stopped caring about the DAO and focused our energy on something less dead.
newbie
Activity: 1
Merit: 0
June 19, 2016, 06:33:54 AM
#2
Let's read DAO news http://thedailydao.io
hero member
Activity: 508
Merit: 500
Jahaha
June 19, 2016, 01:10:51 AM
#1
If anyone is interested in how exactly did the DAO attack take place, this is excellent reading material. It is a bit technical.

http://hackingdistributed.com/2016/06/18/analysis-of-the-dao-exploit/
Jump to: