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Author Topic: [ANN] Ethereum: Welcome to the Beginning  (Read 2004321 times)
roselee
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July 15, 2016, 05:57:05 PM
 #8941


It would probably take atleast 10 minutes for investigators to figure out who the shorter is.


Has anyone even reported this crime?

lol no none has reported it
they say "the code" is  the judge the law and the executor,
no investigation was done
 
big money was lost becose of lausy code .
what i know are most of the "solvers" invested means they are among them who might lose if there is no HF



welcome brave new world order
maybe no one reported to authorities....not sure if it has to be reported for some agency to investigate...heck its all over news. And being that's bitfinex is operating lawfully, for sure bitfinex is in the process of trying to finding out who did it ( they have a host of other reasons to find out too)
but just imagine for a minute that the "taker" ( the retorik hacker or attacker is impimenting wrongful doing befor prove) did just what the code said
then he didnt do wrong. investors can say the creators are to blame for lausy coding and sue them
but if the taker did not hack the code i guess there is no crime done by the law . ethicaly its different. the taker did know the dao wasnt ment to be used like that .
but anyway .
i think takeing it back is then the crime that will be reported . becouse the internet knows who did it there are names the pools are knowen .
the devs and so on.
the taker is lucky that person is anonymus.

roselee
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July 15, 2016, 06:10:18 PM
 #8942

some mentioned befor that the taker could report the hf

i have some questions:
if that person did short eth and got millions out of that
and if that person holds now the eth
that person does not need to show its id it can also form a fond and let a lawyer be frontman.

am i right?

if the takers act is reported
isnt then there the risk that the white hat act will be investigated too ?

i am not sure but did they ask all the dao holders for permition and did they get it ?

if not isnt that the same crime ?
in front of the law the intention might affect the punishment one gets but does not change the creteria what is a crime and what not

so if the taker wants to know how the law sees his/hers acts, could he/she report the white hat attack ? and see what the law does ?

and is it a crime at all as long as it is locked in the childdao ?


owlcatz
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July 15, 2016, 06:20:31 PM
 #8943

some mentioned befor that the taker could report the hf

i have some questions:
if that person did short eth and got millions out of that
and if that person holds now the eth
that person does not need to show its id it can also form a fond and let a lawyer be frontman.

am i right?

if the takers act is reported
isnt then there the risk that the white hat act will be investigated too ?

i am not sure but did they ask all the dao holders for permition and did they get it ?

if not isnt that the same crime ?
in front of the law the intention might affect the punishment one gets but does not change the creteria what is a crime and what not

so if the taker wants to know how the law sees his/hers acts, could he/she report the white hat attack ? and see what the law does ?

and is it a crime at all as long as it is locked in the childdao ?



I don't think even a lawyer could tell you the answers to any of those questions to be honest. There isn't really a precedent for anything like this before, it's very new & different,  also there are different points of view depending on how you look at the whole situation. 

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[/ce
roselee
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July 15, 2016, 06:29:01 PM
 #8944

some mentioned befor that the taker could report the hf

i have some questions:
if that person did short eth and got millions out of that
and if that person holds now the eth
that person does not need to show its id it can also form a fond and let a lawyer be frontman.

am i right?

if the takers act is reported
isnt then there the risk that the white hat act will be investigated too ?

i am not sure but did they ask all the dao holders for permition and did they get it ?

if not isnt that the same crime ?
in front of the law the intention might affect the punishment one gets but does not change the creteria what is a crime and what not

so if the taker wants to know how the law sees his/hers acts, could he/she report the white hat attack ? and see what the law does ?

and is it a crime at all as long as it is locked in the childdao ?



I don't think even a lawyer could tell you the answers to any of those questions to be honest. There isn't really a precedent for anything like this before, it's very new & different,  also there are different points of view depending on how you look at the whole situation. 
well i guess a lawyer if interested might be able
its so new there is no precednt
but there is a lot of money in it
i wonder what will happen next

i am personaly disapointed about the moral of the ether
its a shame
and i am not pro"taker" i am pissed off about that act it destroyed something that could have been beautiful
but then the slockit and the ether com did know about the bug for weeks befor it happened.
and did nothing
its a shame

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July 15, 2016, 06:37:40 PM
 #8945

i am personaly disapointed about the moral of the ether
its a shame
and i am not pro"taker" i am pissed off about that act it destroyed something that could have been beautiful

That is the problem in itself - if they don't hardfork, they would maintain integrity/morals and the thief gets his money. If they do HF, the question of blockchain integrity is out the window, and the "crime/theft/act" gets erased. Either way sucks, but look at it another way - When Mt. Gox happened, did the bitcoin devs hardfork the code to erase the "crimes"? No, and it was never even thought about.

In this case, you have the developers of ETH who have invested in the failed DAO calling the shots. Very strange, and sort of makes the whole ETH project look bad, IMO.

Anyhow, it was an interesting concept, too bad it failed either way.

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[/ce
Auponef
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July 15, 2016, 06:41:30 PM
 #8946

It is difficult to predict the price of the Ethereum and its future. The price is rising now, but who knows in a few years.
tempus
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July 15, 2016, 06:41:48 PM
 #8947

some mentioned befor that the taker could report the hf

i have some questions:
if that person did short eth and got millions out of that
and if that person holds now the eth
that person does not need to show its id it can also form a fond and let a lawyer be frontman.

am i right?

if the takers act is reported
isnt then there the risk that the white hat act will be investigated too ?

i am not sure but did they ask all the dao holders for permition and did they get it ?

if not isnt that the same crime ?
in front of the law the intention might affect the punishment one gets but does not change the creteria what is a crime and what not

so if the taker wants to know how the law sees his/hers acts, could he/she report the white hat attack ? and see what the law does ?

and is it a crime at all as long as it is locked in the childdao ?



Interesting questions I also thought about or more: I tried to find answers for that, other opinions. But it seems as if even those who are really deep into the subject are not totally sure how to handle this legally. Some believe: The smart contract is the "law" written in code. If that should be the case also juristically the Hacker wouldn't even be a Hacker.

If that should be wrong, and the Hack would be seen as illegal, I believe that the White Hats are not totally the same, even if legally not on the safe side.

The most interesting question is under the line what the DAO is legally. Most likely there are no laws for such freaky-science-fiction-firms ;-) It's something that is new in a lot of ways. But while I believed it's a really interesting social experiment I changed my mind about it when I saw that it was pumped up to this ridiculous overahundredmilliondollarthing. I believe that says more about Ethereum and slock.it than just that they have some creative ideas. It needs some intense intentions to risk the Ethereum-ecosystem with something like that and it would have been a risk anyway - also without a hack.

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July 15, 2016, 06:55:11 PM
 #8948

Perhaps the attacker would be another Voltaire.
roselee
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July 15, 2016, 07:21:40 PM
 #8949

some mentioned befor that the taker could report the hf

i have some questions:
if that person did short eth and got millions out of that
and if that person holds now the eth
that person does not need to show its id it can also form a fond and let a lawyer be frontman.

am i right?

if the takers act is reported
isnt then there the risk that the white hat act will be investigated too ?

i am not sure but did they ask all the dao holders for permition and did they get it ?

if not isnt that the same crime ?
in front of the law the intention might affect the punishment one gets but does not change the creteria what is a crime and what not

so if the taker wants to know how the law sees his/hers acts, could he/she report the white hat attack ? and see what the law does ?

and is it a crime at all as long as it is locked in the childdao ?



Interesting questions I also thought about or more: I tried to find answers for that, other opinions. But it seems as if even those who are really deep into the subject are not totally sure how to handle this legally. Some believe: The smart contract is the "law" written in code. If that should be the case also juristically the Hacker wouldn't even be a Hacker.

If that should be wrong, and the Hack would be seen as illegal, I believe that the White Hats are not totally the same, even if legally not on the safe side.

The most interesting question is under the line what the DAO is legally. Most likely there are no laws for such freaky-science-fiction-firms ;-) It's something that is new in a lot of ways. But while I believed it's a really interesting social experiment I changed my mind about it when I saw that it was pumped up to this ridiculous overahundredmilliondollarthing. I believe that says more about Ethereum and slock.it than just that they have some creative ideas. It needs some intense intentions to risk the Ethereum-ecosystem with something like that and it would have been a risk anyway - also without a hack.


i agree with you.
the dao was a very risky thing and it was pumped . i was invested in ether but i sold . seeing how they deal with this now. even if one can now make easy fast profit. id rather not be part of it . i hoped after i read some papers from vitalik that the change of paradigma that i sensed in his ideas will set how ether is established. no more greed comunity . but it seems its just the same
like bailouts
i saw how on reddit all the contra hf coments are voted down.
its a shame.
i guess if we want a mayority to judge we need first to educate mayority what are our setings in ethic and have a strong moral grow in them .
otherwise its like now a lynchmop decides and defamating everyone who dares to ask unwanted questions.

becoin
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July 15, 2016, 07:28:33 PM
 #8950


Yes I have noticed there is already a wave of buying going on right now. It looks like the people are having confidence in buying again.
Those are the losers.
It is obvious now that profiting from a smart contract on the eth network is a risky business as it will be hardforked if the majority of losers decide you're too profitable.

I doubt that a hard fork will just happen because people think it is too profitable.
It is happening right in front of our eyes. Majority of losers voted to confiscate the wealth of a single person because smart contract he signed on ethereum network is too profitable.
becoin, some would disagree , majority voted to hf because someone violated spirit of the DAO. It was an act that was not in the best interest of a majority of DAO holders. Therefore they wont let it stand. Again, "hacker" knows more about workings of DAO than most people ( at most 500 people worldwide could've accomplished DAO hack...probably less) He/she/they knew they would never be able to use those DAO tokens and therefore simultaneously opened massive short positions of bitfinex. That's where profit was made
You have signed a contract with someone more knowledgeable than you. When you understood this fact and that it will result in a loss you start complaining this person violated not the contract but the spirit of the contract... Every gambler can say that when they lose money.
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July 15, 2016, 08:12:12 PM
 #8951


Yes I have noticed there is already a wave of buying going on right now. It looks like the people are having confidence in buying again.
Those are the losers.
It is obvious now that profiting from a smart contract on the eth network is a risky business as it will be hardforked if the majority of losers decide you're too profitable.

I doubt that a hard fork will just happen because people think it is too profitable.
It is happening right in front of our eyes. Majority of losers voted to confiscate the wealth of a single person because smart contract he signed on ethereum network is too profitable.
becoin, some would disagree , majority voted to hf because someone violated spirit of the DAO. It was an act that was not in the best interest of a majority of DAO holders. Therefore they wont let it stand. Again, "hacker" knows more about workings of DAO than most people ( at most 500 people worldwide could've accomplished DAO hack...probably less) He/she/they knew they would never be able to use those DAO tokens and therefore simultaneously opened massive short positions of bitfinex. That's where profit was made
You have signed a contract with someone more knowledgeable than you. When you understood this fact and that it will result in a loss you start complaining this person violated not the contract but the spirit of the contract... Every gambler can say that when they lose money.
yes they can, and yes they do. gamblers routinely sue casinos when they loose money. 
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July 15, 2016, 08:24:25 PM
Last edit: July 15, 2016, 10:44:23 PM by cohnhead
 #8952

yes code rules...code allowed hack, code allows HF.

and anyone who says well BTC wasn't hardforked after MT Gox ..is naïve or ill-informed.
Mt gox hack occurred month's if not years before final demise. Infinitely more transactions and infinitely more $ to btc and BTC to $ transactions.
cant compare the situations.

Sure DAO holders can sue, but most likely wont if HF is successful (no grounds) Dao hacker can sue, but finding a jurisdiction that would interpret contract law in his/her/their favor would be difficult and plus would have to reveal self (don't think strawmen representation is allowed) and that wont happen as he/she/they might be in more trouble than just legal.
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July 15, 2016, 09:13:20 PM
 #8953

Welcome to Etheres the latest mining pool to hit the scene!
https://etheres.com

Yes some may say "oh no not another pool" or "why do we need another?" but Etheres is here to help provide another option for all Ethereum miners. There are a few larger pools that have rather high total hashrates, at times nearly reaching 50%+. So Etheres is here to provide another realiable, fast and secure option to all miners who wish to check us out.

Not only does Etheres provide another option, it also provides a fast, detailed and great looking portal for all miners to see what they want to see all in the same place! Some of the main features are listed below;
  • Anonymous Mining
  • Real time PROP payout scheme
  • Pay all Ethereum Rewards (Blocks, Uncles and Fees)
  • Detailed Pool/Worker Statsitcs
  • Accurate hashrate reporting/statistics
  • Low 0% mining fee - Increase to 1% after 3 Months
  • Payouts at min 0.2 ETH
  • Payouts sent <b class="Bold">hourly</b>

Etheres supports both eth-proxy and getwork, and has detailed instructions available here.

Stratum Proxy - eth-proxy, claymore etc
  • Host: eth.etheres.com
  • Port: 3333

GetWork - eth, ethminer, genoil etc
  • Host: eth.etheres.com
  • Port: 3334

We are also contactable on twitter, e-mail and personal messages;

admin@etheres.com
https://twitter.com/Etheres_Pool
_Victory_
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July 15, 2016, 10:00:35 PM
 #8954

Welcome to Etheres the latest mining pool to hit the scene!
https://etheres.com

Yes some may say "oh no not another pool" or "why do we need another?" but Etheres is here to help provide another option for all Ethereum miners. There are a few larger pools that have rather high total hashrates, at times nearly reaching 50%+. So Etheres is here to provide another realiable, fast and secure option to all miners who wish to check us out.

Not only does Etheres provide another option, it also provides a fast, detailed and great looking portal for all miners to see what they want to see all in the same place! Some of the main features are listed below;
  • Anonymous Mining
  • Real time PROP payout scheme
  • Pay all Ethereum Rewards (Blocks, Uncles and Fees)
  • Detailed Pool/Worker Statsitcs
  • Accurate hashrate reporting/statistics
  • Low 0% mining fee - Increase to 1% after 3 Months
  • Payouts at min 0.2 ETH
  • Payouts sent <b class="Bold">hourly</b>
maybe this is not the correct place to post this
Etheres supports both eth-proxy and getwork, and has detailed instructions available here.

Stratum Proxy - eth-proxy, claymore etc
  • Host: eth.etheres.com
  • Port: 3333

GetWork - eth, ethminer, genoil etc
  • Host: eth.etheres.com
  • Port: 3334

We are also contactable on twitter, e-mail and personal messages;

admin@etheres.com
https://twitter.com/Etheres_Pool
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July 16, 2016, 04:02:49 PM
 #8955

yes code rules...code allowed hack, code allows HF.

and anyone who says well BTC wasn't hardforked after MT Gox ..is naïve or ill-informed.
Mt gox hack occurred month's if not years before final demise. Infinitely more transactions and infinitely more $ to btc and BTC to $ transactions.
cant compare the situations.

Sure DAO holders can sue, but most likely wont if HF is successful (no grounds) Dao hacker can sue, but finding a jurisdiction that would interpret contract law in his/her/their favor would be difficult and plus would have to reveal self (don't think strawmen representation is allowed) and that wont happen as he/she/they might be in more trouble than just legal.

It would be impossilbe for the DAO hacker to sue as it is very clear he stole $60 million and will be put into prison.
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July 16, 2016, 05:19:41 PM
 #8956

http://arhibalt.thwglobal.com/


This Is A Soft Launch Registration Page!
THW GLOBAL ADVERTISING
Rated Fastest Growing Opportunity Of 2016
Wanted 5M IV's in 2016 / 25M IV's in 2017


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THW Global Pay Plan:
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Register now: http://arhibalt.thwglobal.com/

Do not miss your chance and Good luck !

An interesting project and a very promising !!!
I registered...
I believe in this project and its successful start!

 Smiley


Ye.. sure...

Credibility : ZERO
2 new accounts with 1 post.


There is spam.. and fucking dumb spam.
Guess what this is?

cohnhead
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July 16, 2016, 05:22:13 PM
 #8957

http://arhibalt.thwglobal.com/


This Is A Soft Launch Registration Page!
THW GLOBAL ADVERTISING
Rated Fastest Growing Opportunity Of 2016
Wanted 5M IV's in 2016 / 25M IV's in 2017


Register now: http://arhibalt.thwglobal.com/

THW Global Pay Plan:
Up to $25 per hour watching Better Than YouTube Type Videos. Also huge management 6 figure opportunity. International advertising giant needs millions of IVs over the age of 18 to invest up to 10 hours weekly giving comments on commercials, TV pilot programs, movie trailers, video surveys and so much more. Over 90% can be done from any smart phone or computer anytime / anywhere 24/7. From the comfort of your home or on the road.

Register now: http://arhibalt.thwglobal.com/

Do not miss your chance and Good luck !

An interesting project and a very promising !!!
I registered...
I believe in this project and its successful start!

 Smiley
why post this here?
what does this have to do with etherium?
mod...please delete these
revelacaogr
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July 16, 2016, 05:34:56 PM
 #8958

Ethereum’s Hard Fork is a Lesson for the Bitcoin Community


https://news.bitcoin.com/ethereum-hard-fork-insight-bitcoin/
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July 17, 2016, 04:30:36 AM
 #8959

Update for miners at Etheres;

Etheres has updated all wallets to the latest 1.4.10 successfully, mining was not effected. So come and take advantage of our 0% fees for the next 3 months!
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July 17, 2016, 06:05:32 AM
 #8960

jp morgen experimenting with ether ?
http://qz.com/729786/jpmorgan-lost-two-leaders-on-its-blockchain-project/

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