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Comment Re:"Fixing" the problem undermines the entire idea (Score 1) 44

"Also, this isn't a heist, because nothing was stolen. It's more of a counterfeiting operation, if I understand the commentary correctly. Someone took advantage of a recursive bug and an anti-pattern of calling recursive code before updating values and essentially created more 33% more Ether than previously existed out of thin air."

It was a heist. Ether didn't get created, it just got moved. The child DAO tokens could theoretically have been "created" out of thin air if you drained the DAO past 0 recursively, then the balances were updated on all those recursive calls (after the sending of the tokens). That didn't happen though, he was just able to stack a bunch of withdraw operations up recursively, and the withdraws executed before the balance was checked (for each method call). Even if the past zero drain had been attempted, the Ethereum network would have errored out when the contract tried to send more funds than it had, so you couldn't generate Ether out of the ether (teehee).

Here's a great write-up: http://hackingdistributed.com/...

Comment Re:finally, proper use! (Score 0) 54

Yah know what, you're actually right. I was thinking of the normal "race to the goal" zero confirmation attack, but you could theoretically stretch it a bit. I apologize. However, it's pretty easy to detect if someone is attempting this longer time period attack, and the payment processors should be able to incorporate that logic fairly simply. The ones that don't will almost certainly be out of business quickly.

Comment Re:finally, proper use! (Score 1) 54

"The difference between you and me is that I read these claims with a degree of skepticism, while you swallowed them whole."

No, the difference between you and me is that I don't insert strawmen into an argument. The situation you tried to claim was easier (paying with a credit card) is not the situation they were trying to address. I pointed that out, and now you're trying to back-pedal.

Steam is accepting Bitcoin, so apparently they thought it would be beneficial in addition to their current payment options. You can go claiming it's not beneficial as much as you want, but Steam apparently disagrees with you.

Comment Re:finally, proper use! (Score 3, Informative) 54

"And with the way Bitcoin works now, one can easily scam Steam out of a sale, play the game and beat it in a couple of days, reverse the transaction, get banned, repeat with new account and wallet, and Steam will never be able to stop them." The reversing of transactions is only possible for zero-confirmation transactions. That's ~10 minutes you have to beat the game, not a couple days.

Submission + - Artist Prince Dies at 57 (nydailynews.com)

astrodoom writes: The much-beloved musical genius passed away today, surprising many. No immediate details were available as to the cause of death. The artist had been hospitalized last week with what was reported as the flu, but had appeared at a party on Saturday, quieting the speculation on his health.

Comment Re:College and school police involved (Score 1) 264

The majority of the stuff in this database is boots and other gear, not guns and armored vehicles. You even get stuff like printers and fax machines from this program. If you scroll through Alaska's list almost all of it is cold weather gear.

This program is used to get a second use out of any military surplus, it is not some sort of "arm the cops" program. That's just what people are focusing on right now because it's news-worthy. This program has almost jack-squat to do with how police forces are armed (they buy most of their stuff new), it just has the combined words "military" and "police" which gets hits on websites.

Comment Re:and how many people just cramed the test (Score 1) 304

What do you mean by integer rounded? His graphs are of score on the x and # of that score on the y. Both his axes are integer values. Do you mean it's possible the test had fractional scores and he (or the scorers) rounded them in the analysis? Otherwise I don't understand your point.

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