ethereum $110 million hack; Will we see another rollback and ETC.2?

[qiwoman2]

Sadly to say ,but it was Gavin Wood who maked a mistake in Parity wallet code.

Here is full code with explanation of hacked Parity wallet

https://github.com/paritytech/parity/blob/4d08e7b0aec46443bf26547b17d10cb302672835/js/src/contracts/snippets/enhanced-wallet.sol



Gavin Wood is the first Ethereum coder.

http://gavwood.com/


Thats means that this person maked bugs before, which leaded to DAO hack and he continues to make a mistakes in codes...Cmon Gav stop make a shit.

Gavin Wood  - doing shity code since 2016.

PoS - could be another hackable Peace of Shit from Gavin.

ETH is hackers paradise.

How do we know that this same DUDE is not getting an army of hackers to hack and he is also earning from the hacked loot? Do we really know what's going on behind closed doors? We just see the tail end of all the garbage and hacks that keep happening as they slowly steal all our funds. I wish most of these ICOS would choose a another platform like Nxt, Waves or Stratis..Why are they all so hell bent on Eth?

[chongo]

guys I am a nub, who is affected from the hack? I have my eth on a Mist Wallet on my PC. Can my ETH be stolen aswell? I also got 10 ETC on Bittrex do I have to worry them getting stolen too?
I would be awesome if someone can clarify what exactly can be hacked and what not?!
thank you

[polylogic]

most people in this thread have no idea what they are talking about
i wonder if i should block them all and save the time reading stupid ish.

whoever was bashing garvin, please, you try to write some code for the network.
eth is hackers paradise? the freaking internet is hackers paradise.

code is never perfect. maybe satoshis bitcoin, but it clearly came from the future, outta space behind orions belt....
everything build by human can be destroyed by human and even worse.

crypto is still beta, full of scammers, hackers, coders, investors, wanna be millionaires and what not.
the dao was no hack, it was a feature.
and people loose money since money exists. chill

[BitcoinHodler]

guys I am a nub, who is affected from the hack? I have my eth on a Mist Wallet on my PC. Can my ETH be stolen aswell? I also got 10 ETC on Bittrex do I have to worry them getting stolen too?
I would be awesome if someone can clarify what exactly can be hacked and what not?!
thank you

from what i understood, this is the problem with Parity wallet of ethereum project and only in their multisignature wallets not the regular ones.
and if you have a multisignatue wallet there will be an icon in your parity wallet indicating this to you.
(please note that i have never owned ethereum outside of an exchange, i am just saying what i have read online from news and some research).

the dao was no hack, it was a feature.

am i the only one who finds this extremely discomforting!

[sil2222]

Wow just days after coindash hack and now this, this is not good for ether as a platform. Ether will surely take a knock on price.

Condash is run by hackers. Coindash was accused of cheating using bots during an Eth contest. They are the same people behind getgemz scam. So this was not a legit hack just a fake ICO.

[MegaHustlr]

guys I am a nub, who is affected from the hack? I have my eth on a Mist Wallet on my PC. Can my ETH be stolen aswell? I also got 10 ETC on Bittrex do I have to worry them getting stolen too?
I would be awesome if someone can clarify what exactly can be hacked and what not?!
thank you

from what i understood, this is the problem with Parity wallet of ethereum project and only in their multisignature wallets not the regular ones.
and if you have a multisignatue wallet there will be an icon in your parity wallet indicating this to you.
(please note that i have never owned ethereum outside of an exchange, i am just saying what i have read online from news and some research).

Confirming what he said. ^

Also note, Gavin has his own company and employs a lot of developers. Blaming him is a bit short-sighted.

[polylogic]

the dao was no hack, it was a feature.

am i the only one who finds this extremely discomforting!
[/quote]


you simply cannot consider every possible scenario, you should, but you cant.
i didnt meant to discomfort you, im just saying that it was no hack.
the code was not mature enough. of course this shouldnt have happened.
especially not with this much money on the line.
but the hard truth is, the guy who cashed out the dao just used a feature of the system.
a feature which should never have existed.
but like i said, you cannot consider everything, sometimes you miss something.

[dennyd999]

guys I am a nub, who is affected from the hack? I have my eth on a Mist Wallet on my PC. Can my ETH be stolen aswell? I also got 10 ETC on Bittrex do I have to worry them getting stolen too?
I would be awesome if someone can clarify what exactly can be hacked and what not?!
thank you

from what i understood, this is the problem with Parity wallet of ethereum project and only in their multisignature wallets not the regular ones.
and if you have a multisignatue wallet there will be an icon in your parity wallet indicating this to you.
(please note that i have never owned ethereum outside of an exchange, i am just saying what i have read online from news and some research).

Confirming what he said. ^

Also note, Gavin has his own company and employs a lot of developers. Blaming him is a bit short-sighted.

He do not have an army of developers.

He is the one and only author of the last Parity Enhancement which leaded to hack.

Just look here

https://github.com/paritytech/parity/blob/4d08e7b0aec46443bf26547b17d10cb302672835/js/src/contracts/snippets/enhanced-wallet.sol

// @authors:
// Gav Wood <g@ethdev.com>

No more other authors involved in this part of Parity Enhanchement.

He is responsable for this hack as he is responsable for DAO hack before.
His ability to code is questionable...

Sorry if I offense him, but its only facts.


And soon PoS (peace of shit) will come. Another great opportunity for hackers!

[polylogic]

His ability to code is questionable...

so, who else should continue to work on partity?
i mean, if he hadnt had wrote the code, then there would be no parity or dao-payout, maybe ethereum wouldnt exists like it does.

its like blaming the sun that it is too hot sure you can do it, but would you be happier without it (the sun)?

[rooster2000bka]

This info no good for this coin! ETH classis again? I don't think so! Because all coin affter confirm can not resent again!

[dennyd999]

His ability to code is questionable...

so, who else should continue to work on partity?
i mean, if he hadnt had wrote the code, then there would be no parity or dao-payout, maybe ethereum wouldnt exists like it does.

its like blaming the sun that it is too hot sure you can do it, but would you be happier without it (the sun)?

Exactly. It is a doomed circle. Without Gavin, Ethereum Network with Parity wallets and others stuffs is not existant. But what he do , offten lead to hacks.

Maybe he is genius, but it is allready 2 hacks (the bigest DAO and now) How many more hacks Gavin will relise??

Finalizing:


1 time in year Gavin Wood the creator of Ethereum do a shit which resulting in system hack.

Maybe he is doing presents for himself and now chilling somewhere in Barbados.

[vlom]

most people in this thread have no idea what they are talking about
i wonder if i should block them all and save the time reading stupid ish.

whoever was bashing garvin, please, you try to write some code for the network.
eth is hackers paradise? the freaking internet is hackers paradise.

code is never perfect. maybe satoshis bitcoin, but it clearly came from the future, outta space behind orions belt....
everything build by human can be destroyed by human and even worse.

crypto is still beta, full of scammers, hackers, coders, investors, wanna be millionaires and what not.
the dao was no hack, it was a feature.
and people loose money since money exists. chill

and the ones who know how to control all the tech will be always a step ahead.
i wish i could find such bugs.

[The real WTF]

I don't think a rollback should happen again. The first time was kind of a shock but now everyone knows that risk is possible and engaged with that knowledge. Another roll back would mean all credibility is lost for the coin

To many of us, the first rollback meant all credibility lost.  I had hundreds of ETH that I sold for less than $20 right before they forked, and after the hard fork I watched ETH fall below $10 and keep dropping, and I thought that would be the end of ETH.  Of course hindsight is 20/20 and I should have loaded up on cheap coins back in late 2016, but I didn't because I thought credibility was worth more than the market did.

[pey]

No and I don' think there will be another fork in the future of ethereum. Besides, 110 million usd should be in the wallet of white hat hackers

[blakeh]

another huge loss for ethereum owners when the parity wallet multisignature was hacked and the hacker stole 153,037 ETH which is nearly $32 million worth of ETH.
https://ethplorer.io/address/0xb3764761e297d6f121e79c32a65829cd1ddb4d32

also another group of hackers took the opportunity to drain all the similar multisig addresses with the same vulnerability in ETH and similar tokens.
so far they have hacked the total amount of 379,999 ETH which is nearly $80 million worth of ETH
https://ethplorer.io/address/0x1dba1131000664b884a1ba238464159892252d3a


Do you think we will see another roll-back like the DAO $50 million hack and will it leave us with ETH 2.0 fork?

Lucky for the white hats!

[iram3130]

another huge loss for ethereum owners when the parity wallet multisignature was hacked and the hacker stole 153,037 ETH which is nearly $32 million worth of ETH.
https://ethplorer.io/address/0xb3764761e297d6f121e79c32a65829cd1ddb4d32

also another group of hackers took the opportunity to drain all the similar multisig addresses with the same vulnerability in ETH and similar tokens.
so far they have hacked the total amount of 379,999 ETH which is nearly $80 million worth of ETH
https://ethplorer.io/address/0x1dba1131000664b884a1ba238464159892252d3a


Do you think we will see another roll-back like the DAO $50 million hack and will it leave us with ETH 2.0 fork?

Lucky for the white hats!

Lucky.? Only promises. There is no guarantee that it'll be returned and who will do that.?
I don't think there will be a rollback and what is gone is gone. The security should be increased when money is involved and it is something we are lacking yet.

[Alternative]

Wow just days after coindash hack and now this, this is not good for ether as a platform. Ether will surely take a knock on price.

Ethereum has nothing to do with this, but rather the wallet and the way the people that got stolen securised their funds. What you are saying is like if there was one hack on Electrum, not even all the Electrum wallets, Bitcoin would be responsible. In fact he would not be.

There will be no roll-back this time, as Vitalik ironised on this today.

[Coin++]

It's a little bit complex to answer the question, but I voted yes.
Yes because peoples are not responsable of the security issue of the wallet, then there are only 2 possibilities :
 - the wallet dev reimburses peoples, but I think it is impossible,
 - the blockchain is rolling back and ETH become ETC2

And so on... ETC3, 4, 5... for each issue with Ethereum :-).

[panju1]

the dao was no hack, it was a feature.

am i the only one who finds this extremely discomforting!

Agree that the DAO was not a hack, but it would be wrong to call it a feature. At best, it could be called an exploit.
I sure hope there is no rollback again this time. ETH could afford a rollback in its initial days, not so now.

[teamcryptonator]

the dao was no hack, it was a feature.

am i the only one who finds this extremely discomforting!

Agree that the DAO was not a hack, but it would be wrong to call it a feature. At best, it could be called an exploit.
I sure hope there is no rollback again this time. ETH could afford a rollback in its initial days, not so now.

I think in present make ETH crash to $6 as October 2016 very hard, special in recently ETH is one of altcoin after Bitcoin have most user on crypto community, they are investor from ICOs, miner, trader ...
I guess if have crashing ETH in next time, 0.05 BTC/ETH or 50$ is good price and real value of ETH