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#Blocktalk - DAO exploit with Griff Green and Richie Lia of Bittrex

WCN · 2016-06-23 ·01:10:01 ·World Crypto Network
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Summary

Here's a summary of the #Blocktalk episode from 2016-06-23, combining the provided excerpts:

Summary:

The #Blocktalk episode focused on the serious DAO exploit, where an attacker leveraged a bug in the DAO’s code, resulting in the theft of approximately 5% of all Ether. The show featured Griff Green (Slock.it) and Richie Lia (Bittrex) as guests to discuss the incident and potential solutions. The Ethereum community demonstrated a surprisingly collaborative response, with developers, miners, exchanges (including Bittrex), and competitors working together to address the situation. A potential hard fork is being considered to recover the stolen funds, though the hosts debated the best course of action and its potential impact.

The discussion highlighted the limitations of the DAO's governance structure and the Ethereum blockchain's reliance on community consensus for resolution. The episode explored the differences between Ethereum and Bitcoin hard forks, noting Ethereum’s more flexible protocol. Several key figures were mentioned, including Christophe Yantra (who initially identified the bug), Vlad Zamfir, Vitalik Buterin, Jeffrey Wilcke, Gavin Wood, and Taylor from MyEtherWallet.

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Bitcoin Price: Not mentioned.

##blocktalk#blocktalk#bitcoin#btc#btcusd#blockchains#ethereum#eth#ethusd#fintech

People mentioned

Griff GreenRichie LiaChristophe YantraVlad ZamfirVitalik ButerinJeffrey WilckeGavin Wood