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June 19, 2016 08:00 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/Ts2-O3NUsDg/ethereum-debate-marred-by-second-digital-currency-heist
Ethereum Debate Marred By Second Digital Currency Heist
Thursday's new of a $50 million heist of digital currency at Ethereum. was followed today be reports of a second heist from the DAO, according to the Bitcoin News Service -- this one for just 22 Ether. "It appears this is just someone who wanted to test the exploit and see if they could use it to their advantage... " Slashdot reader Patrick O'Neill writes:The currency's community is currently debating a course forward for a currency who is built on the idea that it is governed by software and not human beings. One option is to fork the code, another is to do absolutely nothing at all." Vitalik Buterin, the co-founder of Ethereum, posted Sunday that "Over the last day with the community's help we have crowdsourced a list of all of the major bugs with smart contracts on Ethereum so far, including both the DAO as well as various smaller 100-10000 ETH thefts and losses in games and token contracts." The list begins by including "The DAO (obviously)," but is followed by a warning that "progress in smart contract safety is necessarily going to be layered, incremental, and necessarily dependent on defense-in-depth. There will be further bugs, and we will learn further lessons; there will not be a single magic technology that solves everything." The Daily Dot wrote Friday that "Because of the way the code in question is written, Etherum's developers and community have 27 days to decide what to do before the hackers are able to move the money and cash out... What's happening now amounts to a political campaign. But the debate is far from over. The clock is ticking now, the world is watching, and the next step of the cryptocurrency experiment is unfolding under a spotlight burning hotter every day."Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/Ts2-O3NUsDg/ethereum-debate-marred-by-second-digital-currency-heist
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