Thoughts on The DAO Hack

Discussion in 'Crypto Assets' started by nitro, Jul 29, 2016.

  1. nitro

    nitro

  2. They seemed to have survived this attack by forking ether into a new version. Certainly gives one pause about the risks of crypto though.
     
    Zr1Trader likes this.
  3. Yup, which is also a reason I got out of ETH after Spam attacks and some of my funds were stuck for longer than I was comfortable with.

    BTC has had spam attacks or volume overload where transactions got stuck as well. Spooked me out of crypto as a whole. Although in hindsight was a huge mistake selling so early. Another DAO like mishap is bound to happen after this bubble mania IMO. Regulatory bodies have to be watching this with interest of getting involved soon with these crazy Initial Coin Offerings going bananas.