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When was Ethereum proven to be insecure? It was proven that not all third party applications built on top of Ethereum are secure. That doesn't prove that they
by Jabanga 10y ago
When was Ethereum proven to be insecure? It was proven that not all third party applications built on top of Ethereum are secure. That doesn't prove that they can't be secure. Arguing that Ethereum is insecure because a contract written on top of it had a bug is like arguing that the US dollar is insecure because a bank storing it was robbed.
- UweSchmidt 10y agoI meant the third party applications (which a pork chop tracking system would be). The pure blockchain crypto should be safe. But do you enjoy reading something like this [1]? Can you analyze blockchain code like that? Ideally before you know that there's a bug? It's on Ethereum to show how to make things secure. The general level of software buggyness is inacceptable if you say "code is law". [1] http://hackingdistributed.com/2016/06/18/analysis-of-the-dao-exploit/ http://hackingdistributed.com/2016/06/18/analysis-of-the-dao...