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Parity wallet hack, ETH might be fucked
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Date: November 7th, 2017 8:54 PM Author: Crusty violet parlour
This raises concerns about the desirability of bailing out parity.
Option A: No bailout. Burn some investors to try to put the fear of God into coders, so that they start vetting contracts better.
Option B: Too Big To Fail, special hardfork just to fix parity. Moral hazard.
Option C: Include a parity fix in the Constantinople hardfork. Moral hazard, but at least the parity investors lose time value of money.
Option C is probably best, if it incentivizes Constantinople being finished on time. But, Option A might be needed to ensure that smart contracts get better auditing.
Better auditing is crucial for the long term fundamental value of Ethereum.
(http://www.autoadmit.com/thread.php?thread_id=3788579&forum_id=7#34630070) |
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