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Critical Update on DAO Vulnerability

blog.ethereum.org

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Re: Critical Update on DAO Vulnerability

#11

Post by jlkinsel »

dimgl wrote: post #7
SakiWatanabe wrote: post #2

developer asks token holders to spam the network to delay the attack o.O griff [10:05 AM] @channel The DAO is being attacked. It has been going on for 3-4 hours, it is draining ETH at a rapid rate. This is not a drill. You can help: If anyone knows who has the split proposals Congo Split, Beer Split and FUN-SPLT-42, please DM me We need their help! If you want to help, you can vote yes on those aforementioned split p…

This is the nuttiest thing I've ever seen.

I think that was a message from the rebel base?

Re: Critical Update on DAO Vulnerability

#12

Post by kaishiro »

SakiWatanabe wrote: post #2

developer asks token holders to spam the network to delay the attack o.O griff [10:05 AM] @channel The DAO is being attacked. It has been going on for 3-4 hours, it is draining ETH at a rapid rate. This is not a drill. You can help: If anyone knows who has the split proposals Congo Split, Beer Split and FUN-SPLT-42, please DM me We need their help! If you want to help, you can vote yes on those aforementioned split p…

This is wild. It sounds like the plot of a really bad 90's hacker movie.

Re: Critical Update on DAO Vulnerability

#18

Post by adammunich »

1012930112 wrote: post #17

Is this related to https://www.ethereum.org/ ? "Ethereum is a decentralized platform for applications that run exactly as programmed without any chance of fraud, censorship or third-party interference." Right ...

The system's only as good as the code you write on it.

Re: Critical Update on DAO Vulnerability

#19

Post by popey456963 »

greenspot wrote: post #13

Site doesn't load. Does anyone have a tl;dr for the not so informed? What's DAO? Does Etherum have a weak spot?

This is how I understand the situation:

- 2,436,828 Ethereum has been routed to the address starting "0x304a554a310c7e546" [0]

- This is worth roughly $46,000,000.

- This has happened because there is some weakness in the Ethereum security

- The conversion between Ethereum and USD is dropping significantly, now down to 16. [1]

Due to this security threat, the developer is telling people to try to effectively DDOS the service in order to stop all transactions. Also, people are being told to split, but I can't see why.

Copy of page at 9:45: - http://puu.sh/pvOqy/929f40bddb.png

[0] https://etherchain.org/account/0x304a554a310c7e546dfe434669c...

[1] http://puu.sh/pvOVw/5443a70ced.png

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