Very sorry to hear this, but glad to hear the Hive was returned at least, and hope the BTC will be as well.
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Very sorry to hear this, but glad to hear the Hive was returned at least, and hope the BTC will be as well.
Another "incident" that casts a shadow over HIVE. Do you have a "damage control" press release planned explaining how this does not affect the integrity of HIVE?
Our base product is the cryptocurrency itself; if there were a loss of confidence, that would be very harmful. It's important to be proactive in these kinds of circumstances.
I'm sure you don't need me to remind you that if that foundation fails, everything else that is built on top, for as wonderful it may seem, isn't worth the time of day. ;-(
I just read your message and I don't get it. This seems to have happened on the Hive-Engine Note Level. That's pretty far away from a HIVE Blockchain "incident".
That reads, Note Server security problem to me.
We know that. Does the outside world know that?
Perception is everything, and there's nothing like misunderstanding to screw perception. That's what I'm referring to when I say "proactive".
(And that's not even to mention whether everyone even understands what you just said, even here on HIVE.)
The name is Hive-Engine. Like I said, we know how it's related, but everyone who is not on HIVE, do they know?
And those who don't know, what do you think they'll assume? That it's an integral part of HIVE, or something completely divorced? I think the name association clearly suggests the former of the two.
Do we care if the outside world knows exactly what happened, and exactly how HIVE is totally insulated from Hive-Engine? Is that important to us? Or shall we leave it up to everyone's imagination (again, referring to those who are not "in the loop" here on HIVE)?
Tough question. Or is it? We've got everything to gain by being proactive - it's an educational opportunity, an opportunity to actually brag about how safe HIVE is. I'm sure everyone here is familiar with the concept of "spin". The "spin" is totally positive for HIVE, and it's totally true too! That's win-win if I've ever seen it.
And what do we have to gain by doing nothing?
Or should I ask, what do we have to lose?
Don't worry no one outside of Hive talks about Hive.
Also, I don't think a hack on a side project is a big blemish in Crypto there are ETH scams every day..
2nd layer/side chain mate and the world does not care about hive anyway
It will get lost between news about btc and ETH
Did you even think about that before you wrote it?
If you don't have HIVE, you've got nothing.
And if you don't know how people make more this of kind of news, how they distort things, in order to hurt you, you haven't been around the wild, wild west of scammy wammy crypto for very long. The association exists, and it's up to us to be preemptive to avoid having people think it was something worse. I've said it so many times my finger hurts. :D
Think I'll leave it at that.
BTW, the Leo Fianance hack was another high visibility "HIVE blockchain related" incident. They add up, don't they? Even if a totally misunderstood and incorrect perception of incompetence were created, wouldn't you say that would be worth trying to preempt and avoid? If you were a high level dev on HIVE, wouldn't you want to distance yourself from that kind of negative perception (or even the possibility of)?
What are you suggesting?
Probably to hide in a cave somewhere
It is very related in some sort, but there is also a variety of reasoning on the chain which has lead to where we are. Aggroed is not a Top 20 witness even with some of the most significant projects. He's doing stuff and he's taking the risk, good for him - I hope. This was not a specific HIVE 'Source Code' Problem, more a within the Community and Projects Sphere of it.
That of course does not invalidate your main point, but it bends over to something else. Let me try to build this from the ground. Every entrepreneur has this Sword of Damocles hanging over his head, sometimes you're more aware of it and sometimes less, but it's always there.
Now when we look at exchanges, that's what I would call a very risky business to be responsible for. Especially in Crypto, we all know that for years already, exchanges have always been somewhat dangerous places for lying funds. There have been countless incidents so far. How comes? Most attacks against them have also been ordinary IT Problems, such as this one. This leads to the real question here, how secure are the note servers, and how much effort is being put into that. How trustworthy are the admins and how suited is the system to lock itself after a breach? Those are fundamental questions I'd be interested in.
... But then again personally not really. It's a few thousand bucks for me and I trust @aggroed so far that I'd be willing to lose them if he really fails. He's not a con artist and he's doing a fantastic job so far.
My Conclusion:
A very capable Hacker wanted to let us know, that he thinks that Aggy suxx. Well, ok, Message received and thanks for returning the funds.
Or maybe he just wanted to remind us that it's not DECENTRALIZED?
If it's not decentralized, it's not trustless, and not crypto. As you've correctly said, you have to trust him.
Either way, I'm not speculating on motives or talking good or bad about any particular people. I'm talking about HIVE's reputation, both real and perceived, and what we're doing to preserve it.
I hope you're beginning to understand the difference.
That's a very consequential statement, something larger than life. Too bad we're still trapped inside this fallen world where everything ain't black or white but shades of grey :)
BTC is no shade of grey. Think about that one for a minute!
And crypto candidates that want to survive more than a few wishful years absolutely must adhere to the same basic fundamental ethos, otherwise they'll be nothing more than just another online video game, or chat, or what have you, but they won't be cryptocurrency!