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OptiFi Program Incident Report

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Re: OptiFi Program Incident Report

#92

I once deleted like, maybe a few petabytes of data valuable enough to store on FusionIO cards with a bad config change. I think it destroyed $50-100MM once the dust settled in all the various ways that it cost money were added up. I’m quite sure the hacker who pressed the button feels plenty bad enough already, and I hope the people around them were as kind as the people around me were.

If MM is million-million then that is a lot of money. Edit: thanks for replies! :)

If MM were million-million, that would mean OP destroyed $50-100 trillion dollars. About the GDP of the entire world. So it probably doesn't mean million-million ;)

Re: OptiFi Program Incident Report

#93

I once deleted like, maybe a few petabytes of data valuable enough to store on FusionIO cards with a bad config change. I think it destroyed $50-100MM once the dust settled in all the various ways that it cost money were added up. I’m quite sure the hacker who pressed the button feels plenty bad enough already, and I hope the people around them were as kind as the people around me were.

If MM is million-million then that is a lot of money. Edit: thanks for replies! :)

MM is million

Re: OptiFi Program Incident Report

#94

I once deleted like, maybe a few petabytes of data valuable enough to store on FusionIO cards with a bad config change. I think it destroyed $50-100MM once the dust settled in all the various ways that it cost money were added up. I’m quite sure the hacker who pressed the button feels plenty bad enough already, and I hope the people around them were as kind as the people around me were.

If MM is million-million then that is a lot of money. Edit: thanks for replies! :)

It’s a common abbreviation for million in finance. (It’s closer to the M is 1000 in Roman numerals than to the stacked SI prefix usage.)

Re: OptiFi Program Incident Report

#95

I once deleted like, maybe a few petabytes of data valuable enough to store on FusionIO cards with a bad config change. I think it destroyed $50-100MM once the dust settled in all the various ways that it cost money were added up. I’m quite sure the hacker who pressed the button feels plenty bad enough already, and I hope the people around them were as kind as the people around me were.

If MM is million-million then that is a lot of money. Edit: thanks for replies! :)

In finance, MM is a shorthand for millions: https://www.orsurety.com/blog/is-it-m-for-thousand-and-mm-fo...

Re: OptiFi Program Incident Report

#96

I once deleted like, maybe a few petabytes of data valuable enough to store on FusionIO cards with a bad config change. I think it destroyed $50-100MM once the dust settled in all the various ways that it cost money were added up. I’m quite sure the hacker who pressed the button feels plenty bad enough already, and I hope the people around them were as kind as the people around me were.

If MM is million-million then that is a lot of money. Edit: thanks for replies! :)

MM is for mille-mille (French?), thousand-thousand, so 1000-1000 or 1-000-000.

See "How big is a billion?" from Numberphile:

* https://www.youtube.com/watch?v=C-52AI_ojyQ

* https://en.wikipedia.org/wiki/Long_and_short_scales

Re: OptiFi Program Incident Report

#97

Earlier quoted context omitted.

If MM is million-million then that is a lot of money. Edit: thanks for replies! :)

It’s a common abbreviation for million in finance. (It’s closer to the M is 1000 in Roman numerals than to the stacked SI prefix usage.)

However, for Romans, MM would mean 2000 :D

Re: OptiFi Program Incident Report

#98
> Here it turned out that we didn’t really understand the impact and risk of this closing program command line. ‘solana program close’ is actually for closing the program permanently and sending the SOL tokens in the buffer account used by the program back to the recipient wallet.

Re: OptiFi Program Incident Report

#99
post #95

Earlier quoted context omitted.

If MM is million-million then that is a lot of money. Edit: thanks for replies! :)

In finance, MM is a shorthand for millions: https://www.orsurety.com/blog/is-it-m-for-thousand-and-mm-fo...

Weird to call it a shorthand when M means the same thing ;)

Re: OptiFi Program Incident Report

#100

Man, if only there was a central authority to appeal those mistakes.

It’s Solana, so there kinda is. It’s pretty much centralized.

Why is this called DeFi? If a dev can nuke an entire app (intentionally or accidentally) it's not decentralized.

Contrary to the HN zeitgeist, I have a lot of excitment for decentralization medium- to long term. But it seems almost everything that's happening in the DeFi space today is about as decentralized as a traditional client server app with mysql.

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