Is The DAO going to be "Dead on Arrival" ?

[helloeverybody]

As I understand it, this is a DAO bug exploit not an Eth bug.
I imagine that Eth will survive but people will be a lot more sceptical of contract ICOs.

from what ive  gathered,  the hacker has managed to extract eth out of the dao.  If he dumps these coins im not so sure that eth will survive too well.

[BitMaxz]

As I understand it, this is a DAO bug exploit not an Eth bug.
I imagine that Eth will survive but people will be a lot more sceptical of contract ICOs.

from what ive  gathered,  the hacker has managed to extract eth out of the dao.  If he dumps these coins im not so sure that eth will survive too well.

What i never heard any news about DAO bug or hacked.. so you mean it can affect ethereum too if the dao is already been hacked by someone..
Well if it will happen the price of ethereum too will decrease. just like the news why ETH and DAO are decreasing according to market 15% or more are decreased in ethereum. and dao..

[Traderx]

what is the dao exactly a sidechain for etheruem? or something like colored coin integrated in the blockchain?

[KLONE]

As I understand it, this is a DAO bug exploit not an Eth bug.
I imagine that Eth will survive but people will be a lot more sceptical of contract ICOs.

from what ive  gathered,  the hacker has managed to extract eth out of the dao.  If he dumps these coins im not so sure that eth will survive too well.

I thought he can't get ETH out unless there is a vote

[SwedishGirl]

This has now been confirmed. It's DOA. Stephen Tual announced they are dissolving it.

[KawaBunGa]

This has now been confirmed. It's DOA. Stephen Tual announced they are dissolving it.

Where did you get this information from? Please, provide the link to the source

[BitUsher]

This has now been confirmed. It's DOA. Stephen Tual announced they are dissolving it.

Where did you get this information from? Please, provide the link to the source

LOL , a CAO after all , how do you desolve a Decentralized Autonomous organization?

The Cake was a lie!

https://twitter.com/DanDarkPill/status/743789597482692608

Not only are the Overseers looking to Shut it down , they are also wanting to hunt down any that oppose their actions and the HF. LOL. Don't betray your masters!

[onemd]

This has now been confirmed. It's DOA. Stephen Tual announced they are dissolving it.

Where did you get this information from? Please, provide the link to the source

LOL , a CAO after all , how do you desolve a Decentralized Autonomous organization?

The Cake was a lie!

https://twitter.com/DanDarkPill/status/743789597482692608

Not only are the Overseers looking to Shut it down , they are also wanting to hunt down any that oppose their actions and the HF. LOL. Don't betray your masters!

If the DAO is wind down, then these locked Etheruem will be released, that will flood the market with the coins.

[BitUsher]

If the DAO is wind down, then these locked Etheruem will be released, that will flood the market with the coins.

... and some of those mEth users will start to get wise that turing complete with a large attack surface isn't wise in general for crypto currencies and make the right decision and sell for btc. I suspect most have latched onto Vitalik and will stay however opening themselves up to future exploits.

What is Hilarious about this is in reality this isn't a Hack at all , and technically theft didn't occur. This "Hacker" simply used the DAO as designed and technically he could sue the miners or developers for freezing his funds that will be taken if a HF occurs. The HF represents a break in the contract that was originally agreed to.

[onemd]

If the DAO is wind down, then these locked Etheruem will be released, that will flood the market with the coins.

... and some of those mEth users will start to get wise that turing complete with a large attack surface isn't wise in general for crypto currencies and make the right decision and sell for btc. I suspect most have latched onto Vitalik and will stay however opening themselves up to future exploits.

What is Hilarious about this is in reality this isn't a Hack at all , and technically theft didn't occur. This "Hacker" simply used the DAO as designed and technically he could sue the miners or developers for freezing his funds that will be taken if a HF occurs. The HF represents a break in the contract that was originally agreed to.

I see that as a theft, it exploits an known loophole and extract funds from the other DAO owners. But your opinion differs.