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Your level of abstraction as an end-to-end operation I would agree with and it's a better example than mine, but the theft metaphor is not accurate because he l
by motohagiography 4y ago
Your level of abstraction as an end-to-end operation I would agree with and it's a better example than mine, but the theft metaphor is not accurate because he literally paid the market price for every single step along the way in mining fees and transaction costs. For every token purchase and exchange, there was another person on the other side of that trade.
The argument I'm using is that the casino didn't shuffle their deck and a player calculated an advantage. He didn't have hidden cards, a secret view of anyone elses. I'd like to verify that aspect of the strategy though as it's potentially a powerful heuristic.
- charcircuit 4y agoI didn't intend to make a theft metaphor. I think a big factor on why this wasn't fair game is when he abused the bug to send tokens manually instead of interfacing with the smart contract which caused it to allow him to withdraw tokens worth ~366 times what he sent. Using a bug to bypass a restriction seems sketchy.