Author

Topic: [ANN] Ethereum: Welcome to the Beginning - page 900. (Read 2007090 times)

HPt
member
Activity: 71
Merit: 15
Does anybody know why the ETH draining from the DAO stopped at approximately 7.9M ETH?
ImI
legendary
Activity: 1946
Merit: 1019
Did anyone else notice that this exploit was predicted ten days ago? Why wasn't something done then?

http://www.coindesk.com/dao-can-keep-becoming-next-mt-gox/



that was one of the reasons the moratorium was proposed. but investors of the DAO where too dumb to understand how important that is and declined.

#fallacyofthecrowd
hero member
Activity: 1246
Merit: 502
Another same thing happened, pump and dump because of bad news, what's next ?
full member
Activity: 198
Merit: 100
IPO = SCAM ¡¡ Angry
legendary
Activity: 1164
Merit: 1010
Honestly though, wit PoS on the horizon, this price swing is pretty sweet for those that were waiting for a lower buy-in rate.  Just drop a bit more and I can hit my goals!
legendary
Activity: 1666
Merit: 1020
expect(brain).toHaveBeenUsed()
Let's make this clear, to the hacker:

Being decentralized means being in the power of people, not a directive board or in the code, you just stole 3.6 million ether but for nothing because you will not be able to withdraw you dumb, you can't take any legal action because people (51%) did not authorized your theft, and you said you will sue? LOL yes, sue us all 10k investors,  you are speaking only fantasies.  Cheesy

Then to slock it and ethereum team:


Ethereum should make a hard fork and return all ether to DAO holders, that was just a buggy code giving away money to a robber without a reason, the people behind this DAO (investors) never authorized that DAO split, otherwise I would think of an INSIDE job and I would call you all scammers, slock.it and Ethereum, and with more reason now that slock it is closing, if you don't make the roll back this will look like an scam by you.

you are the dumb. The attacker won already. because he has a 3k put on ethereum. And if we hard fork, ethers price will never recover...
I can just repeat myself. offer him the option to give 90% back.

What means your "3k put on ethereum" ?? you are more dumb than the attacker, those bugs should affect the price for sure as any other bug on technologies but thats all, your "eth price will never recover" is only your proofless especulation opinion, as any other on the speculation topic.

People don't make deals with thieves, he will get 0 ether.

90% back?, if someone gets into your hause and takes your 5 childs, you will say "hey just return me 4 of them"?? , you are very idiot.

Put means, that he actually gains, if ether drops.
It was not a bug of ethereum. The action of the attacker was not against the ethereum law. The DAO had the bad code. If we change ether because of this, the developers/miners are setting an authority, which it is not supposed to have. DAO was the decentralized authority code, but it was written wrong.
And with the child... What a comparison. We are talking about money here. Not life. So would you give your child for half a million ether?
This is negotiating. Every stakeholder will be fine with a 10% loss. I am... at the moment we lost already more than 50% of ALL funds by price decrease anyway, so what do you want... this is more than the attacker even took...

The atacker is clearly not doing it only for the money, he wants to kill DAO (which succeded) and hurt Ethereum, if he receives the funds stolen he will not return anything, I only stated than negotiating with thieves is wrong in crypto, outside life and any other environment just like the governments do (the few correct things governments do), this is what can really kill ethereum if they start making deals with a supposed hacker putting us down to a cryptsy scammy exchange level.

of course that is not like we let him take the money and hope, that he gives 90%. We are on a smart contract platform...
full member
Activity: 143
Merit: 100
I'ts interesting, i will be watching...
hero member
Activity: 553
Merit: 500
Did anyone else notice that this exploit was predicted ten days ago? Why wasn't something done then?

http://www.coindesk.com/dao-can-keep-becoming-next-mt-gox/



Yeah,  Who would have thought that could happen.
Some multi-millionaire dev as in eth will not going to read such news .
Anyone simply answer how can hard fork solve the problem ?
sr. member
Activity: 476
Merit: 250
$DCO is trying to decide which blockchain to clone. They're currently deciding between Ethereums next version or Synereos first version. What do people think will be better?
legendary
Activity: 1181
Merit: 1002
Ethereum will never be same like before this incident either way. if they decide to HF or block the "attacker" address it's not decentralized anymore.

If it's miners that decide whether to walk path A or path B, I'm not entirely sure, why it should be less decentralized than before.
hero member
Activity: 868
Merit: 1000
ETH will be fine because the gpu miners want something not yet killed by asics.
sr. member
Activity: 432
Merit: 251
––Δ͘҉̀░░
Ethereum will never be same like before this incident either way. if they decide to HF or block the "attacker" address it's not decentralized anymore.
Hard-fork in this case isn't really an issue of decentralization, its about the mode of legitimacy and the consensus about it. People that are in favor of smart-contracts as the new form of legitimacy should mine on the fork that favors the DAO's law against its spirit, and the people that are in favor of smart-contracts requiring safeguards, like banks and current laws, should mine on the fork that favors the spirit of DAO against it's law. If one fork wins over the other, it doesn't mean its decentralized, but it will probably mean that people much prefer the human law and not the smart-contracts, ironically, even when they invested in DAO exactly for the opposite reason. Of course this is painting it rather black and white, a more sane approach would just be to say we're obviously not ready for smart-law and it will take a while before we can get there, with perhaps many more forks in the road.
full member
Activity: 209
Merit: 100
Did anyone else notice that this exploit was predicted ten days ago? Why wasn't something done then?

http://www.coindesk.com/dao-can-keep-becoming-next-mt-gox/



Yeah,  Who would have thought that could happen.
full member
Activity: 160
Merit: 100
legendary
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
Let's make this clear, to the hacker:

Being decentralized means being in the power of people, not a directive board or in the code, you just stole 3.6 million ether but for nothing because you will not be able to withdraw you dumb, you can't take any legal action because people (51%) did not authorized your theft, and you said you will sue? LOL yes, sue us all 10k investors,  you are speaking only fantasies.  Cheesy

Then to slock it and ethereum team:


Ethereum should make a hard fork and return all ether to DAO holders, that was just a buggy code giving away money to a robber without a reason, the people behind this DAO (investors) never authorized that DAO split, otherwise I would think of an INSIDE job and I would call you all scammers, slock.it and Ethereum, and with more reason now that slock it is closing, if you don't make the roll back this will look like an scam by you.

you are the dumb. The attacker won already. because he has a 3k put on ethereum. And if we hard fork, ethers price will never recover...
I can just repeat myself. offer him the option to give 90% back.

What means your "3k put on ethereum" ?? you are more dumb than the attacker, those bugs should affect the price for sure as any other bug on technologies but thats all, your "eth price will never recover" is only your proofless especulation opinion, as any other on the speculation topic.

People don't make deals with thieves, he will get 0 ether.

90% back?, if someone gets into your hause and takes your 5 childs, you will say "hey just return me 4 of them"?? , you are very idiot.

Put means, that he actually gains, if ether drops.
It was not a bug of ethereum. The action of the attacker was not against the ethereum law. The DAO had the bad code. If we change ether because of this, the developers/miners are setting an authority, which it is not supposed to have. DAO was the decentralized authority code, but it was written wrong.
And with the child... What a comparison. We are talking about money here. Not life. So would you give your child for half a million ether?
This is negotiating. Every stakeholder will be fine with a 10% loss. I am... at the moment we lost already more than 50% of ALL funds by price decrease anyway, so what do you want... this is more than the attacker even took...

The atacker is clearly not doing it only for the money, he wants to kill DAO (which succeded) and hurt Ethereum, if he receives the funds stolen he will not return anything, I only stated than negotiating with thieves is wrong in crypto, putside life and any other environment just like the governments do, this is what can really kill ethereum if they start making deals with a supposed hacker putting us down to a cryptsy scammy exchange level.

Ethereum will never be same like before this incident either way. if they decide to HF or block the "attacker" address it's not decentralized anymore.
sr. member
Activity: 433
Merit: 250
BTG CEO
Let's make this clear, to the hacker:

Being decentralized means being in the power of people, not a directive board or in the code, you just stole 3.6 million ether but for nothing because you will not be able to withdraw you dumb, you can't take any legal action because people (51%) did not authorized your theft, and you said you will sue? LOL yes, sue us all 10k investors,  you are speaking only fantasies.  Cheesy

Then to slock it and ethereum team:


Ethereum should make a hard fork and return all ether to DAO holders, that was just a buggy code giving away money to a robber without a reason, the people behind this DAO (investors) never authorized that DAO split, otherwise I would think of an INSIDE job and I would call you all scammers, slock.it and Ethereum, and with more reason now that slock it is closing, if you don't make the roll back this will look like an scam by you.

you are the dumb. The attacker won already. because he has a 3k put on ethereum. And if we hard fork, ethers price will never recover...
I can just repeat myself. offer him the option to give 90% back.

What means your "3k put on ethereum" ?? you are more dumb than the attacker, those bugs should affect the price for sure as any other bug on technologies but thats all, your "eth price will never recover" is only your proofless especulation opinion, as any other on the speculation topic.

People don't make deals with thieves, he will get 0 ether.

90% back?, if someone gets into your hause and takes your 5 childs, you will say "hey just return me 4 of them"?? , you are very idiot.

Put means, that he actually gains, if ether drops.
It was not a bug of ethereum. The action of the attacker was not against the ethereum law. The DAO had the bad code. If we change ether because of this, the developers/miners are setting an authority, which it is not supposed to have. DAO was the decentralized authority code, but it was written wrong.
And with the child... What a comparison. We are talking about money here. Not life. So would you give your child for half a million ether?
This is negotiating. Every stakeholder will be fine with a 10% loss. I am... at the moment we lost already more than 50% of ALL funds by price decrease anyway, so what do you want... this is more than the attacker even took...

The atacker is clearly not doing it only for the money, he wants to kill DAO (which succeded) and hurt Ethereum, if he receives the funds stolen he will not return anything, I only stated than negotiating with thieves is wrong in crypto, outside life and any other environment just like the governments do (the few correct things governments do), this is what can really kill ethereum if they start making deals with a supposed hacker putting us down to a cryptsy scammy exchange level.
legendary
Activity: 1666
Merit: 1020
expect(brain).toHaveBeenUsed()
Let's make this clear, to the hacker:

Being decentralized means being in the power of people, not a directive board or in the code, you just stole 3.6 million ether but for nothing because you will not be able to withdraw you dumb, you can't take any legal action because people (51%) did not authorized your theft, and you said you will sue? LOL yes, sue us all 10k investors,  you are speaking only fantasies.  Cheesy

Then to slock it and ethereum team:


Ethereum should make a hard fork and return all ether to DAO holders, that was just a buggy code giving away money to a robber without a reason, the people behind this DAO (investors) never authorized that DAO split, otherwise I would think of an INSIDE job and I would call you all scammers, slock.it and Ethereum, and with more reason now that slock it is closing, if you don't make the roll back this will look like an scam by you.

you are the dumb. The attacker won already. because he has a 3k put on ethereum. And if we hard fork, ethers price will never recover...
I can just repeat myself. offer him the option to give 90% back.

What means your "3k put on ethereum" ?? you are more dumb than the attacker, those bugs should affect the price for sure as any other bug on technologies but thats all, your "eth price will never recover" is only your proofless especulation opinion, as any other on the speculation topic.

People don't make deals with thieves, he will get 0 ether.

90% back?, if someone gets into your hause and takes your 5 childs, you will say "hey just return me 4 of them"?? , you are very idiot.

Put means, that he actually gains, if ether drops.
It was not a bug of ethereum. The action of the attacker was not against the ethereum law. The DAO had the bad code. If we change ether because of this, the developers/miners are setting an authority, which it is not supposed to have. DAO was the decentralized authority code, but it was written wrong.
And with the child... What a comparison. We are talking about money here. Not life. So would you give your child for half a million ether?
This is negotiating. Every stakeholder will be fine with a 10% loss. I am... at the moment we lost already more than 50% of ALL funds by price decrease anyway, so what do you want... this is more than the attacker even took...
sr. member
Activity: 433
Merit: 250
BTG CEO
Did anyone else notice that this exploit was predicted ten days ago. Why wasn't something done then.

http://www.coindesk.com/dao-can-keep-becoming-next-mt-gox/



That is and for other reasons why I stated if there isn't a full Ether re-fund to investors via the fork, Devs will automatically appear as the thieves.

member
Activity: 70
Merit: 10
Did anyone else notice that this exploit was predicted ten days ago? Why wasn't something done then?

http://www.coindesk.com/dao-can-keep-becoming-next-mt-gox/

sr. member
Activity: 433
Merit: 250
BTG CEO
Let's make this clear, to the hacker:

Being decentralized means being in the power of people, not a directive board or in the code, you just stole 3.6 million ether but for nothing because you will not be able to withdraw you dumb, you can't take any legal action because people (51%) did not authorized your theft, and you said you will sue? LOL yes, sue us all 10k investors,  you are speaking only fantasies.  Cheesy

Then to slock it and ethereum team:


Ethereum should make a hard fork and return all ether to DAO holders, that was just a buggy code giving away money to a robber without a reason, the people behind this DAO (investors) never authorized that DAO split, otherwise I would think of an INSIDE job and I would call you all scammers, slock.it and Ethereum, and with more reason now that slock it is closing, if you don't make the roll back this will look like an scam by you.

you are the dumb. The attacker won already. because he has a 3k put on ethereum. And if we hard fork, ethers price will never recover...
I can just repeat myself. offer him the option to give 90% back.

What means your "3k put on ethereum" ?? you are more dumb than the attacker, those bugs should affect the price for sure as any other bug on technologies but thats all, your "eth price will never recover" is only your proofless especulation opinion, as any other on the speculation topic.

People don't make deals with thieves, he will get 0 ether.

90% back?, if someone gets into your hause and takes your 5 childs, you will say "hey just return me 4 of them"?? , you are very idiot.
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