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Author Topic: ETH is still being drained from the DAO!! "Hackers" are back.  (Read 455 times)
pereira4 (OP)
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July 29, 2016, 09:28:29 PM
 #1

http://reddit.com/r/ethereum/comments/4v0v9k/someone_just_split_from_the_dao_and_drained_it/

Damn, this is looking really bad. Even after the hardfork, the "hackers" continue draining money from the DAO. So the question is... time to hard fork again? How much money does it need to be drained for another hard fork to happen?

See? The whole situation is ridiculous. ETC is actually the coin that makes senses. They took the loss and dealt with it. They know that if a smart contract is wrongly coded, it's not a hack, it's just a mistake by the smart contract coder. Smart contract still applies so rollback is a scam.

If Ethereum survives this mess, it should ETC the one that lives on for keeping it real.
Lebubar
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July 29, 2016, 10:43:41 PM
 #2

http://reddit.com/r/ethereum/comments/4v0v9k/someone_just_split_from_the_dao_and_drained_it/

Damn, this is looking really bad. Even after the hardfork, the "hackers" continue draining money from the DAO. So the question is... time to hard fork again? How much money does it need to be drained for another hard fork to happen?

See? The whole situation is ridiculous. ETC is actually the coin that makes senses. They took the loss and dealt with it. They know that if a smart contract is wrongly coded, it's not a hack, it's just a mistake by the smart contract coder. Smart contract still applies so rollback is a scam.

If Ethereum survives this mess, it should ETC the one that lives on for keeping it real.

If it's true ETH and ETC should go down to zero.

They just need to make a revision of everything/correct all bugs and restart from scratch =)
Agaguk24
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July 29, 2016, 10:52:14 PM
 #3

Really? Wow seems this DAO problem never finishes and its actual ramifications are far reaching.

Why are people still buying ETH and ETC? That's what I'm wondering about.

pereira4 (OP)
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July 29, 2016, 11:44:24 PM
 #4

http://reddit.com/r/ethereum/comments/4v0v9k/someone_just_split_from_the_dao_and_drained_it/

Damn, this is looking really bad. Even after the hardfork, the "hackers" continue draining money from the DAO. So the question is... time to hard fork again? How much money does it need to be drained for another hard fork to happen?

See? The whole situation is ridiculous. ETC is actually the coin that makes senses. They took the loss and dealt with it. They know that if a smart contract is wrongly coded, it's not a hack, it's just a mistake by the smart contract coder. Smart contract still applies so rollback is a scam.

If Ethereum survives this mess, it should ETC the one that lives on for keeping it real.

If it's true ETH and ETC should go down to zero.

They just need to make a revision of everything/correct all bugs and restart from scratch =)


No, ETC should survive. They took the loss the right way, by letting the DAO fall. Just like if the economic system had any morals, banksters would fall.
In experiments, things are supposed to blow up. ETC accepted defeat with the DAO and moved on. ETH is immature and didn't learn to lose yet.
shyliar
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July 29, 2016, 11:59:44 PM
Last edit: July 30, 2016, 01:38:44 PM by shyliar
 #5

Odd since the DAO was completely drained before the fork by the white hat hackers and had no ETH in it. At least try and post something plausible if you want to mislead folks.
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