On today's episode of The Cryptoverse:
- An update on the race to avoid a Bitcoin split
- 150,000 Ether has been stolen from a multi sig wallet
- The age old argument of whether you can buy coffee with cryptocurrency has been resolved
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Sources: *
Bitcoin Fork / Split / UASF Stats:
Charlie Lee's Twitter:
https://twitter.com/SatoshiLite
The Parity Wallet Hack Explained:
https://blog.zeppelin.solutions/on-the-parity-wallet-multisig-hack-405a8c12e8f7
Official Parity Security Alert:
https://blog.parity.io/security-alert-high-2/
Dash Force News Story:
Link To Dash iPhone App:
https://itunes.apple.com/us/app/dash-wallet/id1206647026?ls=1&mt=8
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Jeez that's a lot of ETH stolen. That being said, if you wanna look at the situation with a "cup half full" mentality, it is good this happened now instead of later. Basically this exploit/loophole would of been FAR worse if it happened a year from now, so it's kind of good it was exploited and fixed sooner then later as the losses later on could of been far worse (in both amount of ETH stolen, as well as fiat value lost).
Also this situation helped to show that there are white-hats out there that are working to help the people (in this case by using the exploit to steal money before the black-hats could, which they secure for the user and then put back into a fixed wallet to avoid any actual theft). I hope people understand how helpful those white-hats can be, and their selfless actions should not be ignored.
OK OK! Now I guess I have to get some Dash. I consider LTC to be my currency. Is Dash better? I need to do some research, looks like.
Dash is a fork of LiteCoin but with InstantSend and PrivateSend so from that point of view it's better :)
Omg I listen to your podcast!!!! So glad to find you on here!
Glad to you have you :)
What Do you think? Hard fork is still possible?
#BlockShow Asia 2017 Find out here: http://bit.ly/2uBNUCj
Really sucks with these hacks, and they all seem to target ETH or exchanges. I wonder how much has been stolen in total in cryptos.
Wonder where ETH would have been today if it wasn't for the hacks.
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