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Comments

  • HelioxHeliox Posts: 607Member, Moderator mod
    Horrible news for the cryptoworld tbh.. :(
  • LagniappeLagniappe Baton Rouge, LouisianaPosts: 125Member ✭✭
    These things happen.

    Things will go back to normal. I knew I should dumped at 21 and just restocked when it dipped, but I didn't know a dip would be TODAY.

    No sweat.
  • TimboSliceTimboSlice Posts: 76Member
    Well it was fun while it lasted. It didn't seem like a lot of proposals were actually being voted on enough, but it sucks to see it crash and burn like this.
  • citronickcitronick Posts: 110Member
    would this mean... maybe that POW will continue for awhile more (2018?) so that they can iron out security issues before POS?
  • joekerjoeker Posts: 1Member
    Yup, time to switch to something else, GG guys
  • LagniappeLagniappe Baton Rouge, LouisianaPosts: 125Member ✭✭
    joeker said:

    Yup, time to switch to something else, GG guys

    Made an account just to post that as your first post? Head back to your bitcoin forums.


  • rodgermoorerodgermoore Posts: 1Member
    Lagniappe said:

    joeker said:

    Yup, time to switch to something else, GG guys

    Made an account just to post that as your first post? Head back to your bitcoin forums.


    THIS

    Sorry to hear of the attack. I think many, if not most /bitcoiners feel your pain. You'll recover and come back stronger than before. Love and best wishes, bitcoiners.
  • oslakoslak Posts: 191Member
    Do not let TheDao be taken out like this. Fixed the contracts code. Yes it was hacked, ether were stolen. Do not cower like this with returning all ether from crowdfunding. Stand up with what you proposed at the start. Times like these are the true test. You do not fold if you know you have the best card.
  • o0ragman0oo0ragman0o Posts: 1,199Member, Moderator mod
    @oslak If I'm understanding the analysis put out there, the recursive reentry attack on the DAO has left its balances completely out of wack. It still thinks it has all the unsplit ether. What's more, the child DAO it was sent to doesn't realise it has so much.

    You can't just 'fix the code'. The whole locked up centralised fund design is wrong IMO.
  • oslakoslak Posts: 191Member
    With the release of the analysis more attacks will come to thedao until it has no more funds to send. They have to secure what's left. There could be a better solution than return all.
  • rismondorismondo Posts: 55Member
    hahaha its so funny :D
  • IvanoIvano Posts: 10Member
    Future data miners will think Risitas was behind almost all major fuckups in the world.
  • pluMmetpluMmet Posts: 1Member
    edited July 2016
    I'm a bit naive on this but why don't they roll back then have a brief holiday to rehash the non-hack/attack transactions?

    Perhaps people would not mind rehasing if it means keeping integrity in the system which would allow the price to rise accordingly?

    Also what kind of a return are people getting hashing for Ethereum per MH?
  • rismondorismondo Posts: 55Member
    what will now happen with dao? was there any decision accepted or smth?
  • dlehenkydlehenky Posts: 2,249Member ✭✭✭✭
    @pluMmet The hardfork would just undo the attack transaction; there would be no rehashing, from what I've read.
  • mksmartmksmart Posts: 16Member
    Is the price will go up or drop if it will be a hard fork?
    I am talking about the market price, I have more than 900 ether I had purchased for $17 :(
  • apolousmapolousm Posts: 1Member
    mksmart said:

    Is the price will go up or drop if it will be a hard fork?
    I am talking about the market price, I have more than 900 ether I had purchased for $17 :(

    I think the price will rise again, but not as soon as we could espect. It will take some months for people to recover the confidence on the project, but definetilly ETh will succeed.
  • ethermine_rocksethermine_rocks Posts: 228Member
    you do not have months, POS will come
  • dlehenkydlehenky Posts: 2,249Member ✭✭✭✭
    @ethermine_rocks Yes, we do have months, and PoS is not likely to be fully implemented before early 2017, at the ealiest. If you say "we do not have months", that translates into "PoS will be here in less than 2 months", which is a complete fallacy.
  • lllDMDllllllDMDlll OhioPosts: 27Member
    @dlehenky "PoS" is "Proof of Stake," or an additional type of mining, correct?
  • G416GG416G Posts: 601Member ✭✭✭
    @dlehenky .. you seem to be the new target for the nigerian spammers. I guess they're looking for a conversation with a regular to build trust. I'm sure you know this piece of shit calling himself a student from ohio is actually a spammer/scammer from west africa. I noticed they other day you were engaging in a conversation with another turd but he was using the account julia something. These are all fake account, you can tell since they often have line feed and breaks in the responses because they just cut and pasting bits of nonsense from other forums and blogs. If a mod would just search for minergate, genesis, and ethermine you would find dozens of fake accounts created for spamming from these groups, and not to mentioned the ehter sale forum which is now exclusively scammers.
  • dlehenkydlehenky Posts: 2,249Member ✭✭✭✭
    @IIIDMDIII No, PoS is not mining. You stake a significant amount of ETH and "bet", in a manner of speaking, on whether a block is valid. There are only 250 of these "stake holders", aka "validators" for the whole network. All is requires, hardware-wise, is a couple of small-to-medium sized servers. There are no GPUs used.
  • G416GG416G Posts: 601Member ✭✭✭
    lol I guess you missed the warning. good luck talking to africa.
  • dlehenkydlehenky Posts: 2,249Member ✭✭✭✭
    @G416G Which posts are you referring too?
  • G416GG416G Posts: 601Member ✭✭✭
    I don't recall the post but its "julia" .. he started with a couple of fake articles and questions from another blog.. I figured the girls name combined with the broken english and the fast switch from curious miner to spammer was a dead give away. I just felt bad because I see people helping these scammers, myself included because we often don't know until a few posts later that they're scammers.
  • dlehenkydlehenky Posts: 2,249Member ✭✭✭✭
    @G416G I'm just trying to help people. I don't follow ever post they make on the forum to see if they have another agenda. I don't have the time or the energy. But thanks for the heads-up. :)
  • lllDMDllllllDMDlll OhioPosts: 27Member
    I'm not a spammer, but @G416G seems to think otherwise...I definitely did not post fake articles, or any articles for that matter. Do you just assume all new members are spammers because we don't post as often and our posts vary? I'm still trying to get a feel for this forum and Ethereum because I am not well informed on the technical side, but it is kind of hard to do so when you are labeled as a spammer. I know this is the internet and there really is no way for me to prove otherwise (and I do not wish to waste my time trying to), but I can assure you I do live in the great state of Ohio and I am a very happy Cleveland sports fan. Thank you very much @dlehenky I appreciate you taking time to answer my questions and I can assure you that your time is not wasted. :)
  • lllDMDllllllDMDlll OhioPosts: 27Member
    Hopefully my "broken English" was not too difficult to read. :D
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