Post
Topic
Board Altcoin Discussion
Re: What is happening with all these ethereum Hack ?
by
psixa
on 25/07/2017, 08:15:02 UTC
That is the disadvantage of the ethereum because it has a very low security and i think that they need to improve their security because it is a very big deal problem in the market because the professional hackers can make easy millions because of the vulnerabilities that they can see in ethereum.
I think there is a problem with the ETHEREUM PLATFORM. I do not think all the hackings are inside jobs but there is a problem with the ETHEREUM CODE that need sorting out or people will loce confidence in this platform. I am surprised people only use ETHEREUM for these ICOS and does not use NXT which has been much more successful in the sense that their wallets are much safer than ETH wallets.

I agree with you. Idea was great, but execution is not soo good.
It just needs a bit more time to mature, more code review would also be good.
It's all experimental so people know that they can lose money.
Another ethereum hacked ICO :

http://thehackernews.com/2017/07/ethereum-cryptocurrency-hacking.html?


http://www.newsbtc.com/2017/07/24/yet-another-ethereum-ico-gets-hacked-veritaseum-loses-us4-5m/

What is happening guys ? eth platform not secured anymore or all ico owners are scammers ?
I know that there's a security flaw in Ethereum chain, but the main reason why they are hacked are not because of ETH platform, but by the dev themselves. The dev team of that coin is not careful enough to secure their ico funds the safest way. Even if that is the case, I won't say that all ICO owners are scammers just because of one being hacked.
It can be said that the new delevopers team is mostly weak in the field of security. This is the problem, they should still be unfit to run the project, but still impose to run it


Well I think not all platforms are perfect, there are problems that needed to be resolve or needed an upgrade.
Its not the team that has a problem so better the dev of ethereum platform will soon fix this to avoid all the loses of coins.
Ethereum is a ball of shit that gets bigger and smellier by the day. Each day Vitalik and the other scam developers add a little more shit, and stupid people continue buying it
I think there is a problem with the ETHEREUM PLATFORM. I do not think all the hackings are inside jobs but there is a problem with the ETHEREUM CODE that need sorting out or people will loce confidence in this platform. I am surprised people only use ETHEREUM for these ICOS and does not use NXT which has been much more successful in the sense that their wallets are much safer than ETH wallets.

I agree ethereum platform have security problem , they need to fix it , otherwise it will be a MASSIVE dump this week = may be price can drop below 100$ . i'm dumping my eth coins everyday
I'm not surprised that those ICO get hacked, Ethereum is an unsecure.
I think there is a problem with the ETHEREUM PLATFORM. I do not think all the hackings are inside jobs but there is a problem with the ETHEREUM CODE that need sorting out or people will loce confidence in this platform. I am surprised people only use ETHEREUM for these ICOS and does not use NXT which has been much more successful in the sense that their wallets are much safer than ETH wallets.

Guys if you don't know anything about cyber security and hacking, don't write this bull***, you make people think wrong way. Money is stolen from stupid ICO people using website phishing tricks (google it if you don't know what phishing is), Ethereum is not hacked and there is no known security issue in its code at the moment, tell me one? Last known DAO hack was fixed, but still it was not direct hack of Ethereum's code, but the DAO itself. So people just should avoid bad ICOs and don't throw their money blindly. Scammers are everywhere, in all systems, especially in successful ones.