Re:Missing line in a smart contract leads to $10M hack
by philangist on Sunday May 16, 2021 @05:48PM
(#27177320)
All exploits are technically some version of “just doing what the code allows”, I don’t see how that would change whether or not a hack/theft actually occurred.
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Re:Missing line in a smart contract leads to $10M hack
by 2OEH8eoCRo0 on Sunday May 16, 2021 @05:54PM
(#27177361)
Reminds me of a Team Fortress 2 griefing video where they kept putting turrets underneath the map that couldn't be killed but could shoot players.
"If they didn't want you to do that then why did they put it in the game?"
Re:Missing line in a smart contract leads to $10M hack
by dragonwriter on Sunday May 16, 2021 @05:54PM
(#27177365)
One view of smart contracts is that the code defines the intent/agreement, so if the code allows it, the it is, ipso facto, not theft.
Of course,
Re:Missing line in a smart contract leads to $10M hack
by nkrisc on Sunday May 16, 2021 @06:26PM
(#27177610)
Seems like these smart contacts should include written contracts as well to outline what the code is intended to do, if you can’t rely on the code.
Re:Missing line in a smart contract leads to $10M hack
by crooked-v on Sunday May 16, 2021 @10:31PM
(#27179521)
At that point, why have the smart contract? If you want 'automation', just get a trustworthy third party to execute the financials for you , as is already done with (for example) most real estate contracts.
Re:Missing line in a smart contract leads to $10M hack
by solveit on Sunday May 16, 2021 @10:37PM
(#27179556)
> trustworthy third party
Merits aside, sidestepping the need for this is the whole point of blockchain.
Re:Missing line in a smart contract leads to $10M hack
by withinboredom on Monday May 17, 2021 @01:23PM
(#27185850)
Apparently you can’t even trust the um, paper, it’s written on
Re:Missing line in a smart contract leads to $10M hack
by nkrisc on Monday May 17, 2021 @08:07AM
(#27182529)
Why have smart contracts indeed, if executing the code in the contract is called a "hack." Perhaps in the case in the article a trusted third party would have been superior and there wouldn't be $10M missing.