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RE: Newbie Hacks Ethereum Parity Wallets for $150 Million.

in #ethereum7 years ago

yea.. thats stretching the word as far as possible i think. Accidental deletion is not a hack in my view. The funds are indeed frozen, and it is indeed possible that there is an actual hack in play here, but the implication from the text is that a user did it, by accident. Thats a flaw in the program code that would allow that to happen "accidentally" by a random new user.

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how is it a stretch of the word?
access to areas of a system by any means is called a hack.
luckily it was a new user as a=had this exploit been known somebody with technical knowledge could have used to their benefit.

You never shut something down, because you knew how, before it hurt people? I can remember many times where I resisted the urge for easy profit, in the name of helping others keep their assets. ;)

what are you talking about shutting down and what do you refer to in resisting easy profits and helping others