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Re:Cryptocurrency loan platform implodes in $130M hack by misiti3780 on Friday October 29, 2021 @11:37AM (#29039747)
Can you provide an article about the Ethereum launch incident ?
Re:Cryptocurrency loan platform implodes in $130M hack by arcticbull on Friday October 29, 2021 @11:41AM (#29039812)
Pretty big deal at the time, there's a lot of write-ups, just google "DAO hack" [1]

[edit] tl;dr: it's the reason there's now an Ethereum Classic, and we learned that Code is Law and trustlessness only applies to grandma's savings, not Vitaliks.

[1] https://www.coindesk.com/learn/2016/06/25/understanding-the-...

Re:Cryptocurrency loan platform implodes in $130M hack by ineedasername on Friday October 29, 2021 @12:00PM (#29040074)
we learned that Code is Law...

Yep. Legal jargon IRL is about as close as you get IRL to "code", with roughly 1,000 years of legal development underlying common law and modern legal systems to inform a style of language that is practically its own dialect.

Quite a bit of it has developed over the centuries in an effort to eliminate potential ambiguities in things like contracts so there would be no question about how the legal instrument should be executed.

This is why, to the butt of many jokes & frustrations, legalese is so extremely verbose & dense. Eliminating ambiguities or unintentional side effects or loopholes is extremely difficult.

Code appears to be little different in this respect: Implementing code that effectively says "don't manipulate the market in a way that makes us lose $millions" is not a straightforward task.

Re:Cryptocurrency loan platform implodes in $130M hack by _jal on Friday October 29, 2021 @12:04PM (#29040118)
> trustlessness only applies to grandma's savings

This is the lesson a lot of people fail to learn from watching. They seem to have to experience it.

Re:Cryptocurrency loan platform implodes in $130M hack by brokensegue on Friday October 29, 2021 @11:55AM (#29040025)
The dao hack happened well after Ethereum launch
Re:Cryptocurrency loan platform implodes in $130M hack by humaniania on Friday October 29, 2021 @03:23PM (#29042537)
Has anyone ever done a thorough investigation of Vitalik's possible connections to state actors?
Re:Cryptocurrency loan platform implodes in $130M hack by f38zf5vdt on Friday October 29, 2021 @11:40AM (#29039798)
Re:Cryptocurrency loan platform implodes in $130M hack by ur-whale on Friday October 29, 2021 @11:59AM (#29040068)
Search for the DAO.

Let to an ETH hard fork into -> (ETH Classic - still traded, and ETH)

Re:Cryptocurrency loan platform implodes in $130M hack by misiti3780 on Friday October 29, 2021 @12:57PM (#29040822)
thanks.