Did he get paid in real money or monopoly money?
White hat hacker awarded $2M for fixing ETH-creation bug
311–320 of 354 posts
Re: White hat hacker awarded $2M for fixing ETH-creation bug
#312Prior discussion of this incident (and the $2M bounty) here on Hacker News: https://news.ycombinator.com/item?id=30289240 My (I'm the hacker) article / post-mortem this blog post is referring to: https://www.saurik.com/optimism.html At the time of this last getting traction a few days ago, some people were sad that the title of my article and the discussion that resulted focused more on the bug instead of the bounty…
I’m glad you seem to be happy with your payout, but can we talk for a moment about how much you got? For an exploit like this, especially given how much effort was put into it and how much the market rate of a security engineer like this would be, plus given how much this could be worth on the exploit market, $2 million is literally pennies. This could’ve easily been a bug worth hundreds of millions of dollars. I gue…
Full disclosure: https://twitter.com/_saagarjha/status/1493021803802890242
Re: White hat hacker awarded $2M for fixing ETH-creation bug
#313Earlier quoted context omitted.
The bounty amount was denominated in USD and is being paid in USDC (a stable coin, which is means it is intended to map effectively 1:1 with--in this case--USD).
At the moment, USDC is the only stable coin I’m comfortable holding. Are there are any other stable coins that are like backed by hard assets?
Is it true the USD in USDC can be held in 'approved assets'. ie shitcoins?
Re: White hat hacker awarded $2M for fixing ETH-creation bug
#314Earlier quoted context omitted.
Wow, that's depressing. I was in jail with a guy who was a total mess. Nice, but seemed pretty mentally-disabled. One day a new guy came on the block. "Wow, what is George doing in here?" "You know him?" "Yeah, I know him. He is one of the greatest musicians I ever met. He can play any instrument like a savant. I knew him a few years ago, just after he inherited $4m when his father passed. He ended up getting in drug…
I bet if he was allowed to pick up an instrument and play it would be therapeutic for him. Sad story, hope he bounces back.
I wish he'd get a chance. The system just isn't set up to deal with cases like sad old George. I did see him get released, but then got re-arrested, which isn't uncommon for someone who's mental health issues are being untreated. I bumped into him at court and he told me that he'd been playing guitar and touring with Taylor Swift while he was briefly out, and I went along with it because it really cheered him up to have someone listen to his tale.
Re: White hat hacker awarded $2M for fixing ETH-creation bug
#315I don't believe jailbreaking qualifies as white hat.
It doesn't: it is what we call "grey hat". The article title is presumably referring to my role in this hack, not previous work.
Re: White hat hacker awarded $2M for fixing ETH-creation bug
#316Prior discussion of this incident (and the $2M bounty) here on Hacker News: https://news.ycombinator.com/item?id=30289240 My (I'm the hacker) article / post-mortem this blog post is referring to: https://www.saurik.com/optimism.html At the time of this last getting traction a few days ago, some people were sad that the title of my article and the discussion that resulted focused more on the bug instead of the bounty…
Really cool to see Saurik posting here casually. You’re work on Cydia when I was 12 years old is what got me into programming in the first place. Nice work!
Aye, thanks for Cydia!
Re: White hat hacker awarded $2M for fixing ETH-creation bug
#317Earlier quoted context omitted.
Closer to $1,260,000
13% CA income tax included?
The highest in CA is 12.3% for anything over $625,370. Most here would be paying 9.3% which would bring the total to a little over a million, so yeah, about a million is right.
Damn, we don't even get healthcare for all that and the billionaires in the state have ways to pay $0.
Re: White hat hacker awarded $2M for fixing ETH-creation bug
#318Earlier quoted context omitted.
At the moment, USDC is the only stable coin I’m comfortable holding. Are there are any other stable coins that are like backed by hard assets?
What’s the reason of holding USDC, isn’t that same as holding cash in bank?
The most attractive thing for me is earning 12% interest on Crypto.com. I like risk, so it works for me.
Re: White hat hacker awarded $2M for fixing ETH-creation bug
#319Earlier quoted context omitted.
Again, this can be done without using a blockchain. Just like all the other coins, the only use case is burning up the planet by using Ethereum, BTC, etc, racking up high fees and being used by speculators while everyone else who invests in the ponzi scheme lose their money when it all crashes. Nothing has changed.
>Again, this can be done without using a blockchain. How so? I won't bother with the rest of the post as it's your usual crypto bad spiel that has absolutely nothing to do with the discussion we're currently having and has absolutely nothing to back up its claims (as do the rest of your posts, which I'm surprised aren't flagged/dead yet considering their low quality, but I guess HN is ok with them since they're anti…
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Re: White hat hacker awarded $2M for fixing ETH-creation bug
#320I remember walking down the main street in my hometown on my way to drink at a bar and seeing saurik and some friends at a bars all with their laptops out and hacking on something. What caught my eye was a terminal open and a Vim session. I walked up and we all chatted for a bit. Back in the day you didn't run into that very often where we lived so it was pretty cool to see. That boosted my conviction for my choice o…
It's cool seeing people coding 'in the wild'. I was on a train in Sydney once, and I saw an older man writing some VBA for a Microsoft Access database. "What are you coding there?" "Oh, I'm writing an application to manage patients at my dental practice" "You're a dentist?" "Yup"
I started my devops career path in 2017 by looking over the shoulder of a woman working on her laptop on the train. She had a tmux session on one side of the window, and a doc page open for something called kubernetes on the other. I googled it, and here I am now.
Funny how it all works.