Quote from: CryptoKiller on March 29, 2014, 03:44:00 PM

Quote from: alyssa85 on March 29, 2014, 03:31:17 PM

Quote from: CryptoKiller on March 29, 2014, 03:00:38 PM

You're that jaded that innovation means auroracoin to you? You keep regurgitating the same talking points and talking up theft as if its ever a good thing. bxc and his ilk offer no solutions other than to take money straight out of peoples hands. Nothing stand up about that.

I don't think this is about "talking up theft" at all.

It's about pointing out that auroracoin was insecure and that the developers didn't give a toss about it's insecurity and neither did it's community (because they weren't bothering to mine it but were waiting for air-drops instead!). As an aside, since when is money "free"? You either earn it through mining, or earn it through work and use earned money to buy more coins.

If it could be taken down so quickly and easily by some anonymous guy with a botnet, then the Icelandic govt could also have taken it down too. So what's the point of this coin (apart from making the developer rich on false hype)?

If people are serious about cryptos, they'll make them robust against all comers. If they're not serious and are looking for a quick pump and collapse - well at least be honest that you are not serious, and don't whine when it collapses.

Don't get me wrong I fully agree with you but the way its being done is completly wrong. If I were to go out and hack someones bank accout exposing a security flaw in the banking system would I be looked at as some sort of hero? Nah..My ass would be locked up in gaol for a long time. The real "heroes" are the guys that see the problem and help fix it without fucking over thousands of people.

And for how many weeks have people been pointing out that this coin is vulnerable? I've read dozens of threads and I only look into the forum a few times a week! People were given plenty of warning - and they didn't care enough to do a thing about it. If the Icelanders really wanted this coin they should have started mining it. If the speculators didn't want to see their investment go to zero, they too should have started mining it. But they didn't because at the end of the day they didn't care. This coin died because it's community didn't care.