Critical Update on DAO Vulnerability

Re:Critical Update on DAO Vulnerability by benbou09 on Friday June 17, 2016 @05:56AM (#11921645)

Can't they just take control of TheDAO, and then steal all its Ether?

[ Parent | on HN ]

Re:Critical Update on DAO Vulnerability by tingol on Friday June 17, 2016 @06:04AM (#11921680)

And drop its value to nothing, why do that?

[ Parent | on HN ]

Re:Critical Update on DAO Vulnerability by onion2k on Friday June 17, 2016 @06:21AM (#11921742)

The purpose of a hack (or any crime) is not to extract the maximum possible value, but to extract the maximum value and get away with it. Cashing out quickly and disappearing is part of the escape strategy. They probably won't care if it destroys the currency.

[ Parent | on HN ]

Re:Critical Update on DAO Vulnerability by benbou09 on Friday June 17, 2016 @06:43AM (#11921831)

TheDAO only owns 15% of Ether supply, so it would not destroy its value

[ Parent | on HN ]