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The DAO


rkbabang

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They will get away with anything they made on the short positions, or they should. They exposed a flaw in a smart contract which held over $100M in assets. And they exposed it before The DAO had accepted any proposals and spent any funds. There should be some compensation for that. Had this happened a year from now it would have been a mess and no way to roll back the blockchain to stop it. Like Mt Gox, there was no way to return the funds without effecting hundreds of legitimate transactions.  The only reason a fork is even under discussion here is because it can be done without effecting any other Ether transactions at all. It is still possible to close down the DAO and return everyone's Ether.

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  • 1 month later...

Well I guess The DAO saga is over.  They  hard forked Ethereum and I was able to get my ETH refunded this morning.

 

Why do you own ETH? It was a joke before the hard-fork, it's just pathetic now.

 

I own ETH and BTC.  Not all that much of either though and more BTC than ETH.

 

 

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