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The situation is not as bad as this article claims. Well it kind of is actually. The people that wrote the DAO script had the script checked by lots of Ethereu

The situation is not as bad as this article claims. Well it kind of is actually. The people that wrote the DAO script had the script checked by lots of Ethereum experts and the bug slipped through. So if the Ethereum experts can't stop things like this happening then what chance do individual developers have. Basically creating a turing complete scripting language on the blockchain is not secure. No financial institution will risk creating smart contracts on this platform.

deleted 10y ago
[deleted]
tomw1808 10y ago
Whenever I hear "expert" I think of https://www.youtube.com/watch?v=BKorP55Aqvg https://www.youtube.com/watch?v=BKorP55Aqvg
- Cyph0n 10y ago
  This is the video I was expecting.
- curiousgal 10y ago
  It can actually be done. https://www.youtube.com/watch?v=B7MIJP90biM https://www.youtube.com/watch?v=B7MIJP90biM
wickedlogic 10y ago
Not a knock on your post, but "checked by experts" is like saying "QA looked at it". If the tools aren't in place to warn/prevent, re:"stop things like this", unintended executions are only going to continue. It is the brave new old world.
- ianpurton 10y ago
  That's exactly it. The current op codes allow for this kind of mistake. So mistakes like this will happen.
  - kordless 10y ago
    Until they don't with better DAOs.