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I agree that his contract is predatory, but the exploit is so puzzling simply that I don't understand why it wasn't caught by the bots. It should be trivially
by PragmaticPulp 6y ago
I agree that his contract is predatory, but the exploit is so puzzling simply that I don't understand why it wasn't caught by the bots.
It should be trivially obvious to calculate the outcome of these contracts before throwing $100K USD at them, but apparently someone was running bots that didn't check before executing trades? They just executed contracts and assumed that they were written fairly?
- TrainedMonkey 6y agoIt's a predatory contract for predatory practice...
- jl2718 6y ago> It should be trivially obvious to calculate the outcome of these contracts I don't know of any wallet implementations that do this. Seems like a basic user need. I think you'd have to run a full node to get geth to do it, but I'm not sure. Of course, ethermine is certainly running a full node, so maybe they should have thought about that, but I think normal users should have this protection too.