153k Ether Stolen in Parity Multi-Sig Attack

Re:153k Ether Stolen in Parity Multi-Sig Attack by dcow on Thursday July 20, 2017 @12:17AM (#14809980)

But Bitcoin and Ethereum can do this too. In fact Ethereum already has done it (and is arguably designed to do it). Ethereum simply has to convince a majority of the participants to fix the bug and reset to a good hash (whereas bitcoin would need a majority of the mining power unless they went out of band and used old school politics/force/coercion).

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Re:153k Ether Stolen in Parity Multi-Sig Attack by riffraff on Thursday July 20, 2017 @01:38AM (#14810238)

They did this already? I'm guessing it happened in the dao accident?

If so, this seems terrifying, what if I had accepted stolen ETH to sell physical goods?

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Re:153k Ether Stolen in Parity Multi-Sig Attack by tromp on Thursday July 20, 2017 @03:40AM (#14810680)

The stolen DAO funds were sitting in a time-locked account and couldn't be spent for several weeks.

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Re:153k Ether Stolen in Parity Multi-Sig Attack by lsc on Thursday July 20, 2017 @02:49AM (#14810490)

It seems to match the real world in some ways; If I barter and end up accepting stolen physical goods, things can go rather badly for me.

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Re:153k Ether Stolen in Parity Multi-Sig Attack by riffraff on Thursday July 20, 2017 @11:57AM (#14813588)

yes, but in many (most?) legal systems you cannot change the rules so you are liable for past events.

I.e. if you accept counterfeit money, it's on you, but your money should not become counterfeit overnight.

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