Post
Topic
Board Tokens (Altcoins)
Re: 🌟 ⚡🚀ANN: GATCOIN Blockchain Rewards Program [Presale on 28 October]🌟 ⚡🚀
by
Mystic90
on 08/11/2017, 06:41:28 UTC
The Parity bug from today could make people wary of ICOs though. $150 million frozen forever!
Is GATCOIN effected with this ? Anyone knows ! ? .  Also I wouldn't say forever as I think there might be a way to get the money back ( Hard fork ) , This should be the end of Parity period , 2 huge vulnerability in 5 months with millions of dollars stolen and millions forzen , I really do not know when they should be shutdown .
Anyway can we get a comment from deva ( if we GATCOIN effected or not ) ? .

I went to etherscan to trace my transaction and I found out GAT multisign wallet's address. Then I looked for it in this list https://github.com/barrywhitehat1/Parity2VictimList/blob/master/gistfile1.txt and I didn't find it, I'm assuming that GAT's funds are safe Smiley

This new hack is really troublesome .. I hope they quickly find a solution cause this is really bad again for the Ethereum network.

Even though is not an ethereum network problem or bug, other wallets and companies could really give the ethereum a bad name, parity has bugs, it was parities fault, but many, without knowing will accuse ether.em and the blockchain out of ignorance ¬¬

Yes in the end its just parity to blame, there is no problem on ethereum itself

That's true, but Ethereum will take the blame, especially if they will need to do a hard fork to get the funds available again. Solidity isn't so easy, but it worries me that someone who is actually not a solidity expert can lockup contracts and actually kill such a huge product.

I was at diner when the news came out, when I came back ETH was down 3%, i decided I was still early enough to short ETH. But I kind of shorted the bottom, put a fairly tight stoploss and took my losses.
I think its quite good that ETH didnt drop too much after news  of this hack.