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RE: Newbie Hacks Ethereum Parity Wallets for $150 Million.
he deleted library code making the ethereum unusable
Had they the knowledge of Parity code would have stolen funds and not lost their own.
Had they the knowledge of Parity code would have stolen funds and not lost their own.
Exactly what portion of Eth users are/would be effected by this? I dont use ETH much, only when necessary in trades and even then I just use a Jaxx wallet. So I'm not really familiar with how interconnected this Parity wallet thing is within the ETH ecosystem.
Maybe you could explain?
its a wallet for multi sig contracts usually ICOS for more details check there site https://paritytech.io/
A Chunk of Ethereum, Already Connected With Tokens, Will Not
be moving until the developers of the parity wallet code (which was used to issue the tokens) fix their issue and unlock the tokens.
In Short
the ethereum which was already locked away for use as tokens, is still locked away for use with tokens. The parity wallet team needs to figure out how to get things moving again.
Go Be Awesome! :)
Funds are trapped and parity team dont know if can be fixed
Unless stealing was not their intent. And losing a single token? Where is this a tragedy? Unless I'm missing where some vast ethereum amount is now gone?
the user did by accident,
$150 million funds effected,
not gone but not usable.
$150 Million which did not belong to them, so no personal loss.
it was a loss for holders and investors