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The DAO was hacked by an unknown attacker who stole Ether worth around $50 million dollars at the time. After much debate, the Ethereum community voted and deci
by taytus 9y ago
The DAO was hacked by an unknown attacker who stole Ether worth around $50 million dollars at the time. After much debate, the Ethereum community voted and decided to retrieve the stolen funds by executing what’s known as a hard fork or a change in code.
- MichaelGG 9y agoSmart Contracts by definition aren't hackable. The "attacker" just found a loophole or unintended effect in their contract and used it. An Ethereum hack would be like, I dunno, finding an exploit in the implementation of the VM or something.
- Obi_Juan_Kenobi 9y ago> a loophole or unintended effect in their contract Sure sounds like a hack to me.