Attempt to Reverse a $55 Million Ether Heist
bloomberg.com
Attempt to Reverse a $55 Million Ether Heist
1–10 of 194 posts
Re: Attempt to Reverse a $55 Million Ether Heist
#2[deleted]
Re: Attempt to Reverse a $55 Million Ether Heist
#3"Just as the global WannaCry ransomware attack in May laid bare weaknesses in computer operating systems, the DAO hack exposed the early frailties of smart-contract security and left many in the community shaken because they hadn’t found the bug in time. "
This seems like a tenuous connection at best.
Re: Attempt to Reverse a $55 Million Ether Heist
#4Is it even illegal to hack Ethereum? Some purists would say the smart contract was behaving as written.
Re: Attempt to Reverse a $55 Million Ether Heist
#5Is it even illegal to hack Ethereum? Some purists would say the smart contract was behaving as written.
Whether something is "illegal" is a function of the court system.
So the question is, could you convince a jury that it is illegal?
Re: Attempt to Reverse a $55 Million Ether Heist
#6Is it even illegal to hack Ethereum? Some purists would say the smart contract was behaving as written.
The principle of Ethereum is that code is law, the "hacker" followed the law to the letter and acted in a prescribed manner. What's the crime here exactly?
Re: Attempt to Reverse a $55 Million Ether Heist
#7This Post Title Needs Sentence Case, More Words
Ether thief remains a mystery, one year after $55m digital heist
Re: Attempt to Reverse a $55 Million Ether Heist
#8Is it even illegal to hack Ethereum? Some purists would say the smart contract was behaving as written.
The principle of Ethereum is that code is law, the "hacker" followed the law to the letter and acted in a prescribed manner. What's the crime here exactly?
The ethereum foundations reaction to the DAO hack proved that the "code is the contract" is not true. Which questions the very value of smart contracts on the ethereum blockchain because it's proven that they're immutable now
This is a good discussion: https://www.bloomberg.com/view/articles/2016-06-17/blockchai...
Re: Attempt to Reverse a $55 Million Ether Heist
#9Part of the problem is they based this language off of JavaScript on purpose no less. It should be hard to make mistakes like this yet a single capitalization would change the semantic meaning enough to prevent this! Terrible design choices for a financial banking language.