The total is rise as well as closing inwards on $60 1000000 alongside a reported fresh laid on Sunday. The latest laid on was
small according to the ethereum reddit community as well as apparently the consequence of a "test" of the exploited vulnerability.
The novel laid on used the same "recursive call" flaw that was used inwards the recent laid on that ended upwards draining nearly $60 1000000 USD worth of Ether out of the
DAO. There accept been to a greater extent than than ane of these "copy cat" attacks it appears every bit others "test" the vulnerability.
Ether trading on exchanges continues to endure every bit good having non made whatever recovery progress since the DAO hack.
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| Ether Trading |
Other Attacks
It's non the get-go laid on of the sort. Vitalik Buterin listed inwards a weblog that these attacks had also occurered of the same "recursive call" nature. These were listed as:
- The dao (obviously)
- The "payout index without the underscore" ponzi
- The casino alongside a world RNG seed
- Governmental (1100 ETH stuck because payout exceeds gas limit)
- 5800 ETH swiped (by whitehats) from an ETH-backed ERC20 token
- The King of the Ether game
- Rubixi : Fees stolen because the constructor component had an wrong name, allowing anyone to conk the owner
- Rock newspaper pair of scissors trivially cheatable because the get-go to movement shows their hand
- Various instances of funds lost because a recipient contained a fallback component that consumed to a greater extent than than 2300 gas, causing sends to them to fail.
- Various instances of telephone yell upwards stack bound exceptions.
Damned if y'all do, Damned if y'all don't
Correcting the vulnerability seems to hold upwards a toxic theme that's going to hold upwards easier said as well as then done. To forbid farther demolition of the already battered DAO as well as its funds (as good every bit others vulnerable to the recursive attack) a fork has been proposed. This is your classic "damned if y'all do, damned if y'all don't" scenario.
Damn if y'all do:
If ethereum does a fork to rollback the transaction or block it from happening ane time to a greater extent than y'all essentially furnish a "bail-out" for the parties involved which basically destroys the integrity of the network. For a organization based on blockchain technology this breaks the really trust it provides. With ethereum every bit pocket-size every bit it is currently, this is all the same theoretically possible to produce alongside miner support. The work is non that it tin hold upwards done it's if it should hold upwards done.
The loss is tragic, as well as sad, but destroying the integrity of the network could hold upwards catastrophic. Then moving forward, how are y'all to create upwards one's heed who gets a bail-out? Under this fork transactions are no longer guaranteed. Very messy...damned if y'all do.
Damned if y'all don't:
If y'all produce nothing, as well as then the ethereum community is going to simply sit down at that topographic point as well as sentry every bit to a greater extent than as well as to a greater extent than funds are stolen. Essentially knowingly giving the hackers a costless plough over to steal 150 1000000 inwards Ether. This is almost every bit bad every bit the fork. It give the impression of "your transactions are non condom AND we'll produce zero to assist y'all when something bad happens". Messy as well as morally questionable... Damned if y'all don't.
There actually is no right answer curt of a fourth dimension machine, which is variety of similar what is beingness proposed inwards the fork, but regardless of this happening or not. Not everybody is going to similar it regardless. Ethereum is going to accept to endure about to a greater extent than harm as well as chalk this lesson upwards to a growing pain.
That may sting a fleck as well as ache for a long time, but there's zero that tin hold upwards done most it now, bitcoin as well as the blockchain accept for sure felt a pinch or ii similar this inwards its history. Mt Gox took nearly three years to recover from fully.
However, Mt Gox was non the goal of the world, as well as neither volition the DAO hack hold upwards the goal of ethereum. In a means this is a adept thing. Ethereum is all the same immature plenty to recover from something similar this without major destruction, as well as most people knowledgeable inwards the manufacture half-expected problems similar this anyway. It's fourth dimension to simply suck it upwards as well as movement yesteryear it acre hoping for the best long term.
Arguing isn't going to create anything as well as at the goal of the twenty-four hours either determination volition hold upwards the wrong one.
It is what it is.
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