Post
Topic
Board Altcoin Discussion
Topic OP
Maybe some hacks should not be illegal
by
saxydev
on 01/09/2022, 17:49:59 UTC
Hey there,

I was doing my research on hacks so far in 2022 and I had a thought in my mind.

Why are hacks on smart contracts on smart contracts seen as illegal? Why stealing btc from someone's private key is seen as malicious?

Don't get me wrong here: but your keys, your crypto. I don't think someone can't say the other way arround, right? Ownership can be proven only by having the private key to your coins.

And about smart contracts, the moment someone is using a smart contract he agrees with the code of the smart contract. As a decentralysed network, if someone abuses of that code that is an issue of the code developer or of the owners as much. There was a specific hack this year, I won't name it, and on slack the owner received a simple question: "You have paid for an audit, how's possible they didn't notice such a obvious breach?" and he answered: "Because it costed only 69k$". Take the crema hack for example..

So what are your opinions? Should hacks on decentralysed networks to be not judged?