Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: easydrawrex on June 18, 2018, 02:28:47 PM



Title: $20 MILLION ETHER HACKED FROM POORLY CONFIGURED ETHEREUM APPS
Post by: easydrawrex on June 18, 2018, 02:28:47 PM
What can you say about this new issue about Ethereum? Do you think that despite it's popularity next to Bitcoin, Ethereum should improve their safety and security features to avoid more hackers in their blockchain?


Title: Re: $20 MILLION ETHER HACKED FROM POORLY CONFIGURED ETHEREUM APPS
Post by: Yudhisthir on June 18, 2018, 02:34:17 PM
That has nothing to do with ethereum but users using habit.
There are strict rules for transferring any amount of coins to third party app and always needs users confirmation.
Users should be self aware where and why they are sending the coins and use only those which they know are safe.


Title: Re: $20 MILLION ETHER HACKED FROM POORLY CONFIGURED ETHEREUM APPS
Post by: CryptoTamer on June 18, 2018, 03:14:04 PM
What can you say about this new issue about Ethereum? Do you think that despite it's popularity next to Bitcoin, Ethereum should improve their safety and security features to avoid more hackers in their blockchain?
Why not? If the Ethereum team can play a role to solve this problem, then they have the opportunity to protect their community but, you need to know that there are user and third party roles in this case and remedial action, temporary workaround and warning has been given since 29 August 2015: https://blog.ethereum.org/2015/08/29/security-alert-insecurely-configured-geth-can-make-funds-remotely-accessible/


Title: Re: $20 MILLION ETHER HACKED FROM POORLY CONFIGURED ETHEREUM APPS
Post by: tterrorpipa on June 18, 2018, 03:44:59 PM
Thats not really a blame to ethereum itself. It is the users decision to transfer ethereum funds to an unsecured app and turned out to be hacked. The user must be aware that they are responsible for their own actions and ethereum coin will no part of any transaction that is on an unsecured application.


Title: Re: $20 MILLION ETHER HACKED FROM POORLY CONFIGURED ETHEREUM APPS
Post by: chairmanMao on June 18, 2018, 03:52:30 PM
The charm of blockchain lies in decentralization. Each user is his own bank. We must be responsible for ourselves. We need to be cautious when transferring money. We must check the transmission address multiple times. If you are not responsible for yourself, then this responsibility should not be borne by any other organization or individual. If Ethereum is willing to contribute to the protection of personal property, this is Ethereum's breakthrough, but it is not necessary.


Title: Re: $20 MILLION ETHER HACKED FROM POORLY CONFIGURED ETHEREUM APPS
Post by: NeuroticFish on June 18, 2018, 03:57:26 PM
What can you say about this new issue about Ethereum? Do you think that despite it's popularity next to Bitcoin, Ethereum should improve their safety and security features to avoid more hackers in their blockchain?

Although I don't trust Ethereum, although I don't own Ethereum, this is a crappy thread with no other purpose than forcing low (and lower) price for Ethereum.
There was no bug these days, no hack these days, nothing wrong. Then why this clickbait thread?
And for the others writing in here (although half of them don't ever read) : more replies threads like this get, more harm you do to Ethereum (in this case) and cryptocurrencies (in general).


Title: Re: $20 MILLION ETHER HACKED FROM POORLY CONFIGURED ETHEREUM APPS
Post by: Palider on June 18, 2018, 04:02:19 PM
What can you say about this new issue about Ethereum? Do you think that despite it's popularity next to Bitcoin, Ethereum should improve their safety and security features to avoid more hackers in their blockchain?
You cant blame ethereum for this issue because it is the user's and third party program's fault not ethereum itself. Ethereum always reminding us that it is risky to transfer eth to other third party program, with that reminder ethereum already warned you that it is not safe.


Title: Re: $20 MILLION ETHER HACKED FROM POORLY CONFIGURED ETHEREUM APPS
Post by: keyrun on June 18, 2018, 04:25:21 PM
The concept of ethereum makes transferring of coins and token an easy task.
With API's and smart contract, 3rd party app can receive coins in just a matter of click.
So, users should be aware of what they are using and try not to use the private key as much as possible.