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Topic: Power of unstoppable organizations to self-destruct (Read 1027 times)

sr. member
Activity: 336
Merit: 265
Shelby speaks the Truth !
i KNOW I SEEN HIS BALLS (no joke)

Sputnuts, the blood clots are all gone. You ain't seen nuttin' yet. Up close due diligence is lowly recommended.
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
Shelby speaks the Truth !
i KNOW I SEEN HIS BALLS (no joke)

But what i fail to get here is why are the self-righteous delusional mETH heads
tweaking out pretending to be little warriors for freedom and fairness..when..

The ICO "Scheme Coin" was launched more scammy then any other coin in history ?

The nerve of these moronic hypocrites !

And no there is no way in hell they can play dumb either..
The had to have seen the "FUD"  Roll Eyes
Or.. they should have found "FUD" when doing research before shouting "Take my money NOW!"

If you guys are not doing your homework BEFORE BUYING then your a fucking retard .

And i dare any of you on earth to tell me Ethereum was launched / *handled* fairly
after you go back and check its history etc.. YOU CAN'T !

So yeah you "supporters" and your facade of a "community" is scammy delusion.
AND YOU KNOW IT !

Greedy asshole losers got caught playing "The Game" ..
And you lost !
You should have taken the 30% cut idiots now you get what you get.

I have 0 sympathy for you all.
You made your bed now go sleep in it Investards Cheesy

..and wait for the next hack attack.
sr. member
Activity: 336
Merit: 265
Comments here:

https://www.reddit.com/r/ethereum/comments/4pi07u/venting_my_thoughts_on_the_dao_so_i_dont_explode/

Cause me to think that an Ethereum replacement should have a TOS which says that in no case may the block chain be forked to remedy any issue with any smart contract.
sr. member
Activity: 336
Merit: 265
Charles, I don't think you sufficiently emphasized Bruce Fenton's points. You provided a link that seems lost in a sea of the mix of historical storytelling with a smidgen of your self-aggrandizing verbiage, so I doubt most readers even read what Bruce wrote.

Crypto is Not Politics

I keep reading arguments about how The Will of The People should decide. And how this is the only fair and equitable way. And I am here to say this is 100% retarded bullshit and any one who repeats it (and nonchalantly dismisses this!), is retarded.

What distinguishes the intention of Satoshi's block chain invention from the world we had before it, is that it eliminates politics. The technical reason is because due to the Nash equilibrium, then no one (not even mining nodes) have any fucking control.

If we destroy the Nash equilibrium with a 51% attack (aka fork) by not honoring the decentralized protocol, then we fall into a no-man's land of ambiguous interpretation and the brutality of the majority.

It is as simple as that. Either we choose to honor the code and protocol, or we go back to the depressing clusterfucked world we have before Satoshi.

Now the other problem is that BitCON is also becoming centralized because of economies-of-scale in mining. We haven't yet perfected Satoshi's invention. But that should not deter us from our ideals.

If you support forks, you violate everything Satoshi tried to do for the world.

No forks! No Blockstream forks either! Offer proof-of-burn if you want to propose new features on a new block chain, so that people are autonomous with their money.

And any arguments about empathy and intent in contract law are up against moral hazard which leads to the aforementioned clusterfuck of brutality. Don't reward retarded speculators for not doing due diligence and their derelict incapable developer idols, because they carry the mental affliction of those who want the clusterfucked world that existed prior to Satoshi's invention.


No forks!

Another argument made in favor of forking is that consensus is created "by the community", that "the miners can vote". This is even more subtle and misleading. Miners are not meant to be the final arbiters of transactions and contracts. By design, they are supposed to be dumb slaves of the protocol rules. A dumb lottery validating transactions according to deterministic rules.

If they need to employ good judgment, we are at the mercy of their good sense.

It comes down to is this. If smart contracts must be interpreted by humans for their "intent" instead of by code for their programming, then smart contracts cannot be autonomous and automatic, and instead can be retroactively reversed by the community, the courts or governments.

If this is the case, it's hard to see what value smart contracts actually have, which means that it's hard to see that ethereum should have any value at all.

The only way for ethereum to be able to recover from this event and thrive in the future is for it to stick to its principles.
sr. member
Activity: 336
Merit: 265
If you fork it, some of us will no longer be willing to support Ethereum and we will actively develop a competing project.

I don't want to get into a debate about first mover, size of market, etc.. I understand already the points you would make. I am just making you aware that forking, will also fork your supporters. Please be aware of the cost.

This is a pure bogus lie because you were never a supporter so your non-support is about as valid as your support.

Also, we STILL await this competing project!!!

Better keep licking the DAOHackers rectum and pulling his cock to keep him hard so that he doesn't steal from you when you 'finally' release this world-saving world-beating crypto.

I know you believe he's a crypto-anarchist and saviour of 21st century true freedom, but personally I believe he's just a common thief with hacking skills. The sort of hacker who constructs those annoying windows pop-ups that are a nightmare to get rid of. The kind that will steal your identity in a heartbeat. He's nothing more than that. And just remember one thing as you maintain your erection about his thievery skills...

"There is no honor amongst thieves"

(keep your eyes open, and your wallet locked around this guy)

StinkyLover, my gf says I am so very stinky because I didn't have time to take a shower for 3 months (well I finally took one yesterday). I offered her some my dick cheese and she said, "ewww". It was really bad, I could even smell myself (that is when you know it is bad when the fumes are visibly rising like the old Vics vaporrub commercials).

I would have more empathy for the Ethereum folks had they not ridiculed me when I tried to warn them before and got banned from the forum for warning them. As you know, I've since learned to back off and not pick sides (not because of the bans which I could give a fuck, but because I realized it was counter to allowing the free will that nature requires).

So I am not picking sides here. I expect Ethereum will fork and live on, but somehow less spell binding than it was before.

Those guys had fun, had a good run, got paid high salaries, etc..

Others of us can take a stab at it too and see if we can do better.

Those guys might pop back with new projects or a renewed Ethereum.

I guess I should try to view it from your likely perspective. You were probably really thinking that Ethereum was really awesome and could really change the world. If I had thought that about Ethereum then my attitude would have been much different. I had technical reasons for not falling for that delusion.

Nevertheless I am surprised that in the end of it, I ended up enamored with a better conceptual design for a DAO which does not pool funds. So I got to admit, Ethereum bit me.

Perhaps that is no consolation to you.

I wish we didn't have to fight. Well actually I love sports competition, but for me that isn't a "fight". Argument is good when it is constructive (or destructive but worthwhile). I guess it is the nature of the game we are in. Good luck to all of you.

I am not sure if I respect the attacker. He might be a blowhard or he might be more capable than me (not that I am particularly capable at hacking or networking, because my skill is more in design). I intend to find out. No doubt he can commandeer more resources than I can.
sr. member
Activity: 454
Merit: 250
This industry is pure fiction
Well, I'm glad that I turned over a new leaf and dumped most of my ETH and DAO tokens the Monday before the attack. I really don't have special powers of prediction. I just knew that  I was presented with a GUI (Ethereum Mist) that was not working quite right. Then they "fixed" it to work better with DAO but made copy/paste from it an extended process. If the Ethereum foundation can't get the GUI right, why on Earth would I think their more complex underlying Solidarity language was right? Plus, it appears the way the voting in the DAO was not working at all. All I saw was a bunch of proposals with no contract code behind them and lots of splits. Seemed the community was largely apathetic when it came to actually voting (which is what the DAO tokens were supposed to allow one to do.)

Completely agree. The front end tech is a joke and nightmare, and not just ETH. A lot of these new ICO/crowdsale boys are offering crap tech for many many BTC!
sr. member
Activity: 454
Merit: 250
This industry is pure fiction
If you fork it, some of us will no longer be willing to support Ethereum and we will actively develop a competing project.

I don't want to get into a debate about first mover, size of market, etc.. I understand already the points you would make. I am just making you aware that forking, will also fork your supporters. Please be aware of the cost.

This is a pure bogus lie because you were never a supporter so your non-support is about as valid as your support.

Also, we STILL await this competing project!!!

Better keep licking the DAOHackers rectum and pulling his cock to keep him hard so that he doesn't steal from you when you 'finally' release this world-saving world-beating crypto.

I know you believe he's a crypto-anarchist and saviour of 21st century true freedom, but personally I believe he's just a common thief with hacking skills. The sort of hacker who constructs those annoying windows pop-ups that are a nightmare to get rid of. The kind that will steal your identity in a heartbeat. He's nothing more than that. And just remember one thing as you maintain your erection about his thievery skills...

"There is no honor amongst thieves"

(keep your eyes open, and your wallet locked around this guy)
legendary
Activity: 1806
Merit: 1827
Well, I'm glad that I turned over a new leaf and dumped most of my ETH and DAO tokens the Monday before the attack. I really don't have special powers of prediction. I just knew that  I was presented with a GUI (Ethereum Mist) that was not working quite right. Then they "fixed" it to work better with DAO but made copy/paste from it an extended process. If the Ethereum foundation can't get the GUI right, why on Earth would I think their more complex underlying Solidarity language was right? Plus, it appears the way the voting in the DAO was not working at all. All I saw was a bunch of proposals with no contract code behind them and lots of splits. Seemed the community was largely apathetic when it came to actually voting (which is what the DAO tokens were supposed to allow one to do.)
sr. member
Activity: 336
Merit: 265
Sit back & watch that ass twat THIEF end up with nada!   Smiley

He is making his profit from shorting. He never expected to get the ETH. He wants to profit while destroying Ethereum.

Which makes the horseshit imaginary lawsuit argument being thrown around Cryptoland even more laughable...   Roll Eyes

He only used that as a bait to incite the Ethereum community to dig a deeper hole by proposing forks and doing whitehat attacks. He laid a trap.

The only lawsuit that is coming is the class action lawsuit from DAO and ETH holders that will be wiped out by the collapse in the price once the attacker has finished depleting the USG.MIT who have been manipulating the price and absorbing all the selling. Well that is the conspiracy theory anyway.
sr. member
Activity: 336
Merit: 265
Sit back & watch that ass twat THIEF end up with nada!   Smiley

He is making his profit from shorting. He never expected to get the ETH. He wants to profit while destroying Ethereum.
legendary
Activity: 2282
Merit: 1050
Monero Core Team
I am actually interested in what if anything FinCEN does about this 1 Billion USD+ mess.
https://bitcointalksearch.org/topic/the-failure-of-ethereum-is-complete-it-is-now-a-mere-permissioned-spreadsheet-1521148
sr. member
Activity: 336
Merit: 265
One more:

As far as I can tell he is saying there is a feature of EVM that makes it easier to write dangerous contracts. There is still no claim that the EVM did not execute the contract as it was written and according to the specification.

Thanks!   Smiley


Edit:  Does anyone else see more to all this?

That feature is the flaw of Turing-complete scripting, which myself (and numerous others) personally told the founders of Ethereum would lead to the clusterfuck they have now:

https://bitcointalksearch.org/topic/m.15278364
https://bitcointalksearch.org/topic/m.15284692
https://bitcointalksearch.org/topic/m.15306066

So the bug is in Ethereum, as explained in layman's terms here:

https://bitcointalksearch.org/topic/power-of-unstoppable-organizations-to-self-destruct-1523492

To fix the bug, they have to fix each instance of failure with a fork. This may be seen as a feature by those who are alleged to be behind this alleged conspiracy.

This is an inexorable bug, or until death do us part.
sr. member
Activity: 336
Merit: 265
If they had only taken the -33% haircut instead of doubling-down on self-belief. But the class action lawsuits were likely perceived to be on the horizon.

Or if they had never launched this delusional smart contakes in the first place.

Aha, Ethereum core BCT promoter confirms the irrefutable power of unstoppable organization:

Read an article today that said at the time of the MtGox BTC heist had the attackers been known or the address the millions in Bitcoin disappeared to a fork would have been considered. Apparently over 6 propel committed suicide over MtGox. Now imagine the blood on your BTC Spoetniktard goon shill hands if the ETH community doesn't do what it votes for.
sr. member
Activity: 336
Merit: 265
I note that initially the Daotacker empathetically offered to stop at 33% drainage of the DAO; thus only a 33% haircut for the fools who invested in this hairbrained idea to pool $168m.

His one stipulation was that there be no forks and so he would be allowed to keep his bounty in exchange for availing of the feature in the smart contract.

The Ethereum community not satisfied with the -33% spanking, tried to fight back by proposing forks and preparing a whitehat counter attack. With the popular support of the forks advancing in violation of his empathetic offer, the daotacker resumed his attacks by offering miners what appears to be a share in the spoils of the remaining 67% of the formerly undrained DAO tokens.

The whitehat group seized this as an excuse to launch their counter-splitting-attack.

The daotacker responded by splitting the whitehat's splits to drain them anew.

The Ethereum community has by now walked themselves into a corner with the only options being:

  • a perhaps inexorable hacking fight over the split coins
  • allowing the daotacker to take 100% of the DAO tokens (convertible to ETH at 0.1 par)
  • or forking Ethereum

So now instead of taking a -33% haircut and being able to live on, it appears Ethereum can only die (perhaps a slow and torturous terminal decline). It either dies by losing 100% of the DAO tokens or by forking. If they fork, some fanboiz will remain, but enough of the CC community will hate Ethereum so much that it will suffer being persistently maligned. If they instead allow the daotacker to take the 100% of the DAO tokens, there will be likely class action lawsuits and/because the fanboiz will be emaciated.

If they had only taken the -33% haircut instead of doubling-down on self-belief. But the class action lawsuits were likely perceived to be on the horizon.

Or if they had never launched this delusional smart contakes in the first place.

On top of this, the daotacker might possibly be employing shorts and price swings to bankrupt the alleged permabull manipulators of the Ethereum price.


Yes the attacker is on the move again right now. He donated some ether into the DAO and joined both whitehat splits. We drained the ETH he donated as fast as we could but he got what he wanted.

An attacker in now part of split 78 and he can now do the split attack again in that white hat DAOs.

Analogous to the unbounded recursion of Turing-complete scripting, the splitting can be recursed. Are we surprised.

Until it's fixed. Surprised this has to be repeated.

Looks like the only fix is going to be a fork.

If you fork it, some of us will no longer be willing to support Ethereum and we will actively develop a competing project.

I don't want to get into a debate about first mover, size of market, etc.. I understand already the points you would make. I am just making you aware that forking, will also fork your supporters. Please be aware of the cost.
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