Amidst all of the buzz about the hacking of the DAO and the consequences for Ethereum, everyone seems to be missing…

Amidst all of the buzz about the hacking of the DAO and the consequences for Ethereum, everyone seems to be missing the most crucial point of all.

The Ethereum Foundation stated quickly on its website that they identified and effectively froze the hacker’s account. Also, Stephan Tual (the founder of Slock.It, the group that created the DAO) said:

“All stolen funds will be retrieved from the attacker.”

Now if you change the “will” to “can” in that sentence you get an interesting and crucial new reality:

“All stolen funds can be retrieved from the attacker.”

https://blog.p2pfoundation.net/ethereumdao-hack-proves-better-banks/2016/06/18
Scroll to Top
%d bloggers like this: