Smart Contract Wallets created in frontier are vulnerable to phishing attacks

https://blog.ethereum.org/2016/06/24/security-alert-smart-contract-wallets-created-in-frontier-are-vulnerable-to-phishing-attacks/

by DamienSF • 10 years ago

30 14 10 years ago

blog.ethereum.org

pavel_lishin• 10 years ago

I keep telling myself, "The next cryptocurrency that comes along, I'll take the time to investigate it, to invest my time and effort into it, just so I can be one of the few people to make a few million maybebucks by discovering one of the plethora of security vulnerabilities in the design or implementation.

tdb7893• 10 years ago

I like cryptocurrencies but they seem to be stolen a lot.

mablap4• 10 years ago

In that regard, they're not at all different from the regular banking system.

edit: The Ethereum Foundation and devs have issued a new client that enables a soft fork, effectively freezing the DAO. The only difference with the traditional banking system here is that the decision to fork is upon the miners, and not a single entity (central bank). The spirit is the same.

vectorpush2• 10 years ago

A critical difference being that the traditional banking system insulates depositors from theft whereas cyptocurrency theft leaves depositors victimized without any legal recourse.

mikeash• 10 years ago

How often does someone steal 10% of all the money in those systems? Even if it's backed out, the fact that it happened in the first place is pretty extreme.

draw_down• 10 years ago

I don't particularly like them and they seem to be stolen a lot.

vessenes• 10 years ago

There is an interesting story here. More next week probably.

Smart Contract Wallets created in frontier are vulnerable to phishing attacks

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