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comment by veen
veen  ·  3077 days ago  ·  link  ·    ·  parent  ·  post: TheDAO is being attacked, Ether Worth $53 Million Routed, Value Drops By 30%

So what does this exactly mean in terms of safety? Is there a way to resolve this that doesn't undermine the decentralized aspect of Ether, or is this a result of insecure programming?





mk  ·  3077 days ago  ·  link  ·  

Not sure. But the error is in The DAO code. I don't think they should hardfork at this point, but everyone should realize it is feasible if there was broad consensus.

Even if I lose my tokens, I'd rather they not hardfork.

b_b  ·  3076 days ago  ·  link  ·  

Guess they should have listened to you two weeks ago :)

Hopefully no one was dumb enough to put their life savings in there, but I can't imagine that's not the case for some people. Bug, no bug; theft, no theft; it's irrelevant. When any asset increases by 15 fold in 5 months or so, it's probably time to hit the pause button. Anyway ETH is still sitting at $17, which would look pretty attractive by even last week's standards.