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by repo001 3175 days ago
You're absolutely wrong. It's this attitude toward security that is a main factor toward most of the Ethereum hacks to date.

- brilliant exploit by a hacker who was both skilled enough to outsmart many, many world-class developers all working together.

- malicious enough to forgo the generous bounty awarded for disclosing the exploit to the Common Colony security domain.

- detestable enough to willingly crash an enormously successful DAO

If you think one or all of these attack vectors are not something to be concerned about (or worse, be sarcastically dismissive about) you have no business writing smart contracts or anything security related.

1 comments

Whoa, ok, let's back up here for a second, because I feel like this got a little lost in the shuffle: the dismissive sarcasm was a response to something specific, not to smart contract security of the Colony Network.

The three points above are all valid and absolutely important, and should be consistently and properly considered by anyone developing smart contracts or anything security related. There's no disagreement about that.

popcorncowboy, however, wanted to make an argument that assumed a security breach in order to make a broader point about "code-is-law" and DAOs in general, but was waiting for a response to unveil his second statement (which you can read now). The sarcasm was a response to the rhetorical and argumentative style of popcorncowby, not an illustration of the Colony dev attitudes toward the security of the smart contracts that will comprise the Colony network.

EDIT: phrasing