Clipse
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March 01, 2012, 09:28:00 PM |
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It all depends on how slush manages this ordeal, worst case I would atleast want to get partial damages reimbursed.
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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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bitcoinsarefun
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March 01, 2012, 09:29:20 PM |
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the joys of having a superadmin account
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SgtSpike
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March 01, 2012, 09:32:11 PM |
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It all depends on how slush manages this ordeal, worst case I would atleast want to get partial damages reimbursed.
Slush already said he'd cover it from his own pocket. No loss to anyone mining with him.
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proudhon
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March 01, 2012, 09:34:36 PM |
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the joys of having a superadmin account
So how about not having those.
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Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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eleuthria
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March 01, 2012, 09:35:44 PM |
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The fact that they have a super admin account that isn't restricted to whitelisted IPs is amazing. Even my small startup (not even public outside of bitcoin forums/BTC Guild) doesn't allow administrator logins from anywhere other than my office and my home.
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RIP BTC Guild, April 2011 - June 2015
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DeathAndTaxes
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Gerald Davis
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March 01, 2012, 09:35:56 PM |
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the joys of having a superadmin account
So how about not having those. This. Superadmin account + sa in hands of 3rd party who accepts no liability =
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proudhon
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March 01, 2012, 09:46:58 PM |
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A nice gesture on their part, in addition to fixing the vulnerability and explaining exactly how they've done so, would be to accept bitcoin as payment for their service.
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Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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Technomage
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Affordable Physical Bitcoins - Denarium.com
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March 01, 2012, 09:49:06 PM |
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Well, either Linode compensates adequately for this or they will have a serious boycott campaign on their hands. If they compensate and promise to fix their systems their reputation might be saved, otherwise it will go down the drain.
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Denarium closing sale discounts now up to 43%! Check out our products from here!
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bitcoinsarefun
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March 01, 2012, 09:49:25 PM |
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I'll be surprised if they offer to cover any losses ... imaginary money and all that hooey
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btc_artist
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Bitcoin!
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March 01, 2012, 09:53:40 PM |
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Wow. Watching this.
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BTC: 1CDCLDBHbAzHyYUkk1wYHPYmrtDZNhk8zf LTC: LMS7SqZJnqzxo76iDSEua33WCyYZdjaQoE
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bitcoinsarefun
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March 01, 2012, 09:54:31 PM |
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I'll be surprised if they offer to cover any losses ... imaginary money and all that hooey
oh yeah, and eric schmidt thinks p2p currency is illegal too!
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marked
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March 01, 2012, 09:58:49 PM Last edit: March 02, 2012, 03:13:39 AM by marked |
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It's a bit disturbing that bitcoinica was also down at this time
3 high profile bitcoin sites all down at the same time. (19:00 UTC) - -- EDIT Ignore: I misread the 07:00 UTC in OP)
[2nd EDIT: 020212-03:12 UTC right sentiment, wrong reason.]
marked
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kano
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Linux since 1997 RedHat 4
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March 01, 2012, 10:04:05 PM |
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I'll be surprised if they offer to cover any losses ... imaginary money and all that hooey
Well that's easy to resolve. Give them a new slush address and tell them transfer in the same imaginary money that was lost.
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malevolent
can into space
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March 01, 2012, 10:19:17 PM |
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EULA's aren't the end-all that companies make them out to be though. Even if they say "we will not be held liable for blah blah blah", doesn't mean that a court won't hold them liable.
+1
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Signature space available for rent.
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hashcoin
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March 01, 2012, 10:22:07 PM |
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Wow, I was actually just looking into moving some of my hosting and linode was where I had chosen. I guess I will have to rethink that. I'll probably go with EC2 since it seems Amazon takes security quite seriously, but EC2 is noticably more expensive.
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kano
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Linux since 1997 RedHat 4
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March 01, 2012, 10:23:32 PM |
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I am against anything that could potentially put coins into limbo and add even a hint of centralization to the mix.
plus, there is no way I would trust any organization to decide how "tainted" my coins were ... it sounds like it could be ripe for abuse
Agreed on both count, but ... read my previous post: there nothing you can do to prevent this from being built by someone at some point. Actually, the concept being described is completely against the Bitcoin design. The design is of course that when a transaction occurs, it cannot be reversed. End of story. As soon as that is no longer true you have destroyed the Bitcoin design. It is no longer decentralised - someone now has power over it. If 'some' central authority has the power to deem coins good or bad, then you may as well just dump Bitcoin. Unfortunately sometimes people hack into other people's access security information and are able to steal what is protected by that information. That certainly does not mean we should consider giving power of Bitcoin to anyone in any manner whatsoever. That is purely a knee-jerk reaction to the problem - and should never be done. Of course everyone has the ability to track down the path of the coins and then possibly confront the perpetrator and request them to return the coins. However, giving that power to any particular person or group to decide is ludicrous. If that is what you want - then go visit SolidCoin2.0 and stay away from Bitcoin.
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glitch003
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March 01, 2012, 10:29:06 PM |
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It's a bit disturbing that bitcoinica was also down at this time
3 high profile bitcoin sites all down at the same time. (19:00 UTC) - -- EDIT Ignore: I misread the 07:00 UTC in OP)
marked
also it appears that bitcoinica is hosted at rackspace: http://whois.domaintools.com/50.56.4.62
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dooglus
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March 01, 2012, 10:30:54 PM |
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Of course everyone has the ability to track down the path of the coins and then possibly confront the perpetrator and request them to return the coins.
A while ago I decided to track down the 'allinvain' stolen coins and see where they ended up. It turned out that by mid February they were distributed to over 100,000 different addresses, including 8 of my own addresses. I'm guessing somebody did a very good job of laundering them. Either that, or this is just the natural way that bitcoins are passed around. http://bitcoin.stackexchange.com/a/2900/659 is where I posted my findings.
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bitcoinsarefun
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March 01, 2012, 10:33:28 PM |
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Of course everyone has the ability to track down the path of the coins and then possibly confront the perpetrator and request them to return the coins.
A while ago I decided to track down the 'allinvain' stolen coins and see where they ended up. It turned out that by mid February they were distributed to over 100,000 different addresses, including 8 of my own addresses. I'm guessing somebody did a very good job of laundering them. Either that, or this is just the natural way that bitcoins are passed around. http://bitcoin.stackexchange.com/a/2900/659 is where I posted my findings. I love that post, thanks for taking the time to do that
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DBordello
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March 01, 2012, 10:33:41 PM |
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Of course everyone has the ability to track down the path of the coins and then possibly confront the perpetrator and request them to return the coins.
A while ago I decided to track down the 'allinvain' stolen coins and see where they ended up. It turned out that by mid February they were distributed to over 100,000 different addresses, including 8 of my own addresses. I'm guessing somebody did a very good job of laundering them. Either that, or this is just the natural way that bitcoins are passed around. http://bitcoin.stackexchange.com/a/2900/659 is where I posted my findings. Great analysis. A good example of why we can't blacklist coins. Dan
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www.BTCPak.com - Exchange your bitcoins for MP: Secure, Anonymous and Easy!
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