Re:94k Bitcoin (1B USD) transferred from unknown wallet to u...
by jefftk on Monday September 09, 2019 @11:24PM
(#20924795)
> the multisig thing that happened to Gav Wood
I wasn't sure what you were referring to, but it looks like maybe https://cointelegraph.com/news/parity-multisig-wallet-hacked...
Re:94k Bitcoin (1B USD) transferred from unknown wallet to u...
by scottlocklin on Tuesday September 10, 2019 @12:12AM
(#20924981)
Yep, that's the one.
The astounding, insane decision to use "libraries" aka delegate call in any immutable smart contract always boggled my mind. The amount of space saved is so ludicrously small as to beggar belief. Hope the 10k or whatever worth of space savings (about 20 transactions worth) was worth it.
Anyway, he didn't get a roll back, and the $200m in value that disappeared didn't either.
Re:94k Bitcoin (1B USD) transferred from unknown wallet to u...
by tossAfterUsing on Tuesday September 10, 2019 @09:19AM
(#20927795)
wonder if he got to claim that as a loss on a tax form somewhere... hmmm.
Re:94k Bitcoin (1B USD) transferred from unknown wallet to u...
by scottlocklin on Tuesday September 10, 2019 @02:49PM
(#20931833)
Well he's not a US citizen and unless he's insane, his corporations are offshored in a 0% domocile. It's really only a problem for Americans; everyone else who has their shit together can stick their corporate shell on Cayman or whatever.
Surely you aren't going to make such a statement without examples! I can think of examples where things were attacked, including some of the largest value destructions, and insider status didn't help. For example, the multisig thing that happened to Gav Wood (the second time).
If your lone example is the Dao attack, that looked like successful governance to me.