DAO is done. Eth will be fine either way. Also don't think that "attacker" message is signed or verified

There is a lot of resistance to the fork

There's 2 forks.

Soft fork - attackers eth is worthless, unusable

Hard fork - eth stolen by attacker returned to dao/token holders

Think most resistance is towards the hard, not necessarily the soft

either way, ETH is gonna be pretty forked for a little while





https://www.youtube.com/watch?v=Swdb-Z_4JmI


Andreas live right now talking about the DAO, the fork and the fallout

Wrong. After this fiasco no serious player in crypto will take it seriously. Expect developers, researchers and companies to abandon ship and create their wares somewhere else. Crypto is in its very early stages and it's still very volatile and dynamic. So market leaders (minus BTC) tend to change a lot.

I'm not sure where to stand on this. We are still a long way from a random guy coding JS and puting his contract online. So where does that leave us? We have to trust someone to code a bug free contract. Not sure that's decentralization. There needs to be a GUI app à la Tasker on android.

Attacker message doesn't have a valid signature btw from what I hear

I beg to differ. There's a project called Lisk which uses JS as its scripting language for building smart contracts. But I heard it's **** and needs a lot of bug fixing. But it's already there. Maybe we're only a year or 2 away... That's not way too long imo.

LOL miners don't decide ****. Users do.

The problem with Vitalik is lack of experience and hubris. Guys like this have no clue the system they are dealing with and everything is a toy to them. You can tell in his actions since this - he can't make up his mind, he thinks he can just wave a wand and fix it, and has no clue the implications of what he is doing.

I've met him and spoke with him a while, before Ethereum even launched. He is in way over his head in terms of complexity of this.

I hate hating on vitalik because he means well but yeah. He even deleted the part of his blog post saying there would be a hard fork. Showing it was a quick decision.

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"b-but this has a signature!!! it's gotta be him!!!"

has everyone forgotten about craig wright's "signed" message proving that he's satoshi nakamoto? this is the exact same thing.

True. It could be some troll. But that doesn't mean Ethereum isn't royally ****ed.

Mircea Popescu hacked Ethereum. I believe him. If there's one guy who could do it, it's him.

https://www.reddit.com/r/ethtrader/c...cursive_split/

This guy is a douche, I only know him from bitbet and some of his articles on his blog. Why do you say he hacked ethereum?

Apparently Eth just got hacked again.

it's DAO that gets hacked, not ethereum. and this second hack was the same thing but for a small amount, like 20 eth. possibly a white-hat test hack or something.

realistically a white-hat hacker could drain the remainder of the eth from the dao and then distribute it to token holders.

I disagree. A's someone who owns Ethereum I think that there is serious resistance against both types of forks.

I think it is far less likely that the community would approve of a soft fork that leads into a hard fork because there are not enough strong arguments made for total return of funds.

Vitalik should offer an all or nothing solution. A singular hard fork that returns all ether to the original contract address and allow slock and the dao to do whatever they decide. Or he should completely wash his hands and simply state that the Ethereum foundation has concluded that the contracts were executed as intended and there is no added risk to the security of the network.

He's not going to get both. Either he hard forks now because there is strong enough momentum at this time or he lets the dao bleed out.

He can't do anything tho. He can only suggest people do something. He will have some sway and influence but ultimately it's not his decision and he may not get what he wants. I think ideally he'd like a rollback but strong possibility that won't happen.

A rumor is that the attacker has offered to pay back about one third of the ETH in return for no hard Fork. Maybe some sort of deal can be made

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Don't negotiate with terrorists

Pretty crazy calling Vitalik a terrorist.

LOLLLLL zing

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It's not all him, it's a group which also has him involved.