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RE: Ethereum’s Not-so-Smart Contracts
A truly greedy person would have siphoned off just enough to where it wouldn't be detected. Whoever exposed the DAO bug had a benevolent heart.
A truly greedy person would have siphoned off just enough to where it wouldn't be detected. Whoever exposed the DAO bug had a benevolent heart.
Or maybe they wanted to destroy Ethereum. Did they really think they'd be able to spend it? And by doing this it puts every smart contract project in jeopardy and trust in all developers of smart contracts in question.
How do you prove a developer or group of developers aren't deliberately obfuscating the code to sneak backdoors or bugs in it? I don't think this issue is over. Wait and see...
Next time some developers ask you to feed their smart contract with ETH you'll put a lot less money in it or perhaps you wont bother at all. I mean if you can't prove for sure you can trust the developer or the smart contract then how do you know it's not a donation to anonymous hackers somewhere and that the programmers aren't the hackers?