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The cryptocurrency community's first attempt at a Decentralized Autonomous Organization has hit a major road block: Theft. The DAO is under attack and had over three million worth of Ether in the form of DAO tokens put into a “Child DAO” under the hacker's control. This is according to...
Cold storage is a must have for those looking to safely secure bitcoin. Originally, this involved less convenient processes such as storing private keys on a permanently offline computer, or more risky options such as storing keys on paper. Over the past few years, there's been a gradual trickle...
The paper, authored by Dino Mark, founder of Smartwallet, Vlad Zamfir, a researcher with the Ethereum Foundation, and Emin Gün Sirer, a professor at Cornell University, points out a number of attack types (also referred to as 'Vlad Attacks') on The DAO. The document calls for a temporary suspension of proposals to...
If you talk to an Ethereum supporter, Decentralized autonomous organizations (DAOs) are bound to come up in the conversation. The smart contract platform was build to support these sorts of decentralized applications, and the first Ethereum-based DAOs have started to emerge in early 2016. The crowdsale for The DAO has...
The DAO, which serves as an investment fund for early stage Ethereum projects, has raised over US$13 million worth of ether during the first three days of its tokens crowdsale. The DAO, a decentralized autonomous organization (DAO), works as a decentralized fund management investing in blockchain projects. At first, The...