Bitcoin Forum

Alternate cryptocurrencies => Speculation (Altcoins) => Topic started by: Lucacrebbe on November 08, 2017, 09:31:03 AM



Title: Eth parity wallet price dropping
Post by: Lucacrebbe on November 08, 2017, 09:31:03 AM
Hello  I have red  about  Eth  parity  wallet  hacking,  correct me if  I am   wrong,  and  I  was  thinking that  this  is  the second  time that  Ehereum smart contracts are   hacked.

What could  they  do  to prevent  these  situations?  

Maybe  switching into  a   not-touring  smart contract   could be a  safer and   reliable solution?

Maybe   the problem is  in the  Touring language  of the Ethereum  smart contracts?

(While  not-touring smart contracts  are  immutable)

I  would  appreciate  your opinions  thanks



Title: Re: Eth parity wallet price dropping
Post by: xenomorphe1 on November 08, 2017, 10:45:32 AM
I think that they have to validate the contract before putting it in production and that it has to be approved by maybe 3 programmers?

Because it seems that anybody can create a contract and may be able to modify it if there is no owner? How could there be no owner as someone create this contract?

I don't know how contract programming work.

More information about the hack/bug:
https://www.ethnews.com/unknown-actor-kills-parity-library-contract-freezes-over-500k-ether

I would say that it is a bug and not a hack.


Title: Re: Eth parity wallet price dropping
Post by: marks1976 on November 08, 2017, 10:57:37 AM
I think that they have to validate the contract before putting it in production and that it has to be approved by maybe 3 programmers?

Because it seems that anybody can create a contract and may be able to modify it if there is no owner? How could there be no owner as someone create this contract?

I don't know how contract programming work.

More information about the hack/bug:
https://www.ethnews.com/unknown-actor-kills-parity-library-contract-freezes-over-500k-ether

I would say that it is a bug and not a hack.
Parity has a lot of bug, So many bug in parity. I think every ethereum users should try to avoid the parity wallet. I've seen a lot of the vulneralibity in the code. that seems the parity wallet's credibility already broken. too many hacked case on parity. This why i just try to save my amount into the wallet that has a better code and less bug than parity.