3 ms·
> stolen money to a recovery account The money was never stolen. A person found a loophole in the code, which everybody agreed upon by virtue of buying into i
by spookthesunset 8y ago
> stolen money to a recovery account
The money was never stolen. A person found a loophole in the code, which everybody agreed upon by virtue of buying into it, and took advantage of it. Code is law. It said so right in the terms & conditions. It is on each buyer to fully audit the code for every single possible loophole--that what is expected of all parties when "code is law".
The DAO rollback destroyed any credibility ethereum (or any crypto) had. The blockchain is fully mutable if the mob wills it. Calling it "theft" is one of the more laughable ways the top of the pyramid tried to spin the whole thing.