Another ETH hard fork??? - page 2. | Bitcointalksearch.org

legendary

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Quote from: cindygirl on November 07, 2017, 04:01:09 PM

All of this has been really bad for ETH and we can see that from the price, I am holding out and hoping that they can resolve all of the issues without the need for a fork as that will only hurt the price further.

the price has done nothing. it's hard forked before, they might as well again if this money really is stuck. it forks to upgrade so they could add this to a scheduled fork. no one's hurt and everyone wins. it's nowhere near as offensive as the dao fork and that precedent has already been set.

Jarixx

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Is it valuable? Yes it is.
Is it still in development? Yes it is.
Will they repair mistakes? Yes they will

prodigalson

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Another good idea how to raise big money Grin

Probably high time to sell it for BTC.

rost1989

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Decentralize $15-Trillion Global Trade Industry

Lol. Hope it will not happen again))

cindygirl

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All of this has been really bad for ETH and we can see that from the price, I am holding out and hoping that they can resolve all of the issues without the need for a fork as that will only hurt the price further.

danherbias07

legendary

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Leading Crypto Sports Betting & Casino Platform

Is this why Etherdelta are having problems with loading their website? I find it hard to load now even if I got good internet service.
If there will be one then it better be okay or else many will be looking into another crypto.
Where is our ETH supporters? Any intelligence about this?

Aureliusy

sr. member

Activity: 325

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It is not a bug it is a feature. Lets spawn another Ethereum clone into the crypto universe. They are called shards, just as your great leader proposed. In the end the entire universe exists of Ethereum "bugfixes".

BitcoinLoan

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Activity: 602

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More and more bad informations about Ethereum sounds not good. I believe this is temporary and everything will be back to normal.

Pixie.Star*

newbie

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People lose funds everyday. I hope there's no hard fork as a solution to the Parity multi sig wallet issue. They shouldn't get to pick and choose who gets help after a situation like this. The funds affected by this would lower the current ETH in circulation anyway, so maybe that's a good thing in the long run?!

HTracer

full member

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ParityTech bug affected ETH price. What's a coincedence. Having BTC 2X fork in a veiw, Ether has an issue as well. My guess it's a happy chance for LTC show right now.

BTCMILLIONAIRE

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Quote from: Maren on November 07, 2017, 03:19:25 PM

Quote from: kryptqnick on November 07, 2017, 03:13:39 PM

Quote from: CryptosapienZA on November 07, 2017, 01:47:53 PM

Around 930k $ETH (~$280M) are locked because of the Parity bug. The new Parity multisig wallet has a bug that let someone accidentally nuke every single wallet to become not withdrawable. A hard fork might be required to fix the bug.

This sounds terrible. I have seen even bigger numbers such as half a million of eth frozen on the client. How did this happen? There's no info on parity.io yet, but maybe it's not eth's fault after all? What if it's a problem with this wallets or even parity owners?
I can see this info on the cause of this issue: "it was possible to turn the Parity Wallet library contract into a regular multi-sig wallet and become an owner of it by calling the initWallet function". Moreover, it seems to have happened accidentally. Yet I do see that it is most likely that to unfreeze the assets eth needs to overcome another fork. Of course, there's always option to let that eth burn. We'll what what will be decided and by whom. I'm glad I sold my eth before all these hacks and bugs.

There wouldn't be any consequence for other users.

It would shatter the last traces of the ETH decentralization myth and possibly cause more damage to the market cap than these 300m$, which is what the king is considering right now, probably.

How can they selectively fix coins without having an imapct on others though? Couldn't they just screw with the blockchain for their own gain in the future with the same methods?

Maren

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Quote from: kryptqnick on November 07, 2017, 03:13:39 PM

Quote from: CryptosapienZA on November 07, 2017, 01:47:53 PM

Around 930k $ETH (~$280M) are locked because of the Parity bug. The new Parity multisig wallet has a bug that let someone accidentally nuke every single wallet to become not withdrawable. A hard fork might be required to fix the bug.

This sounds terrible. I have seen even bigger numbers such as half a million of eth frozen on the client. How did this happen? There's no info on parity.io yet, but maybe it's not eth's fault after all? What if it's a problem with this wallets or even parity owners?
I can see this info on the cause of this issue: "it was possible to turn the Parity Wallet library contract into a regular multi-sig wallet and become an owner of it by calling the initWallet function". Moreover, it seems to have happened accidentally. Yet I do see that it is most likely that to unfreeze the assets eth needs to overcome another fork. Of course, there's always option to let that eth burn. We'll what what will be decided and by whom. I'm glad I sold my eth before all these hacks and bugs.

There wouldn't be any consequence for other users.

It would shatter the last traces of the ETH decentralization myth and possibly cause more damage to the market cap than these 300m$, which is what the king is considering right now, probably.

BTCMILLIONAIRE

hero member

Activity: 1358

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Quote from: Pab on November 07, 2017, 03:06:52 PM

It can be solved with next scheduled fork,biggest eth problem is Parity
https://www.coindesk.com/ethereum-client-bug-freezes-user-funds-fallout-remains-uncertain/

What would the consequences of a hard fork be though? Would it have an impact on users who didn't use Parity too, e.g. would it reset transactions in some way?

kryptqnick

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Quote from: CryptosapienZA on November 07, 2017, 01:47:53 PM

Around 930k $ETH (~$280M) are locked because of the Parity bug. The new Parity multisig wallet has a bug that let someone accidentally nuke every single wallet to become not withdrawable. A hard fork might be required to fix the bug.

This sounds terrible. I have seen even bigger numbers such as half a million of eth frozen on the client. How did this happen? There's no info on parity.io yet, but maybe it's not eth's fault after all? What if it's a problem with this wallets or even parity owners?
I can see this info on the cause of this issue: "it was possible to turn the Parity Wallet library contract into a regular multi-sig wallet and become an owner of it by calling the initWallet function". Moreover, it seems to have happened accidentally. Yet I do see that it is most likely that to unfreeze the assets eth needs to overcome another fork. Of course, there's always option to let that eth burn. We'll what what will be decided and by whom. I'm glad I sold my eth before all these hacks and bugs.

glennmatthew

sr. member

Activity: 462

Merit: 253

Quote from: w5pn73 on November 07, 2017, 02:27:11 PM

Hmm the problems just keep on racking up for ethereum, I'm seeing a big dip sooner than I see a big rise to be honest.

To be quote honest that is exactly what I am hoping for. It would allow me to load up my bags Wink

If a solution is not found then a hardfork will be necessary. I don't believe VB would let those ETHs get frozen forever, sure it would lower the total supply, and in theory drive the price higher. It would however be a massive hit to ETHs reputation and will surely alienate those investors affected by the parity bug. No matter how you look at it its a no-go situation.

Pab

legendary

Activity: 1862

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It can be solved with next scheduled fork,biggest eth problem is Parity
https://www.coindesk.com/ethereum-client-bug-freezes-user-funds-fallout-remains-uncertain/

w5pn73

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Hmm the problems just keep on racking up for ethereum, I'm seeing a big dip sooner than I see a big rise to be honest.

Gorgeous011235

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I Love DeepOnion!

There you go! When things finally seemed to be working smoothly for Ethereum , Parity decided to ruin the party Roll Eyes

I am glad i am not a parity user and i really hope that they can solve this bug as soon as possible!
But i am sure that it will take some time before this issue can be completely solved.

Denker

legendary

Activity: 1442

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Quote from: CryptosapienZA on November 07, 2017, 01:47:53 PM

Around 930k $ETH (~$280M) are locked because of the Parity bug. The new Parity multisig wallet has a bug that let someone accidentally nuke every single wallet to become not withdrawable. A hard fork might be required to fix the bug.

Gavin Wood will put some pressure on Vitalik if there's no way out of this situation without a hardfork.
Ethereum and their developed programming language is so buggy and the attack surface is just huge!!
Even the simplest smart contracts can't be trusted as today's happening has proven. This wasn't even done on purpose! That was an accident!!
And it was the fix to the previous problem they had parity. That's just ridiculous!

kioicoin

full member

Activity: 178

Merit: 100

oh my god, this sounds really a bad news to ETH. I hope V.B can give a better solution for this other than hard fork.

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