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by jefftk 2476 days ago
> the multisig thing that happened to Gav Wood

I wasn't sure what you were referring to, but it looks like maybe https://cointelegraph.com/news/parity-multisig-wallet-hacked...

1 comments

Yep, that's the one.

The astounding, insane decision to use "libraries" aka delegate call in any immutable smart contract always boggled my mind. The amount of space saved is so ludicrously small as to beggar belief. Hope the 10k or whatever worth of space savings (about 20 transactions worth) was worth it.

Anyway, he didn't get a roll back, and the $200m in value that disappeared didn't either.

wonder if he got to claim that as a loss on a tax form somewhere... hmmm.
Well he's not a US citizen and unless he's insane, his corporations are offshored in a 0% domocile. It's really only a problem for Americans; everyone else who has their shit together can stick their corporate shell on Cayman or whatever.