R3 and The DAO Danger: How the Attack Can Impact the Blockchain Consortium
Сonsidering the rising reputation of the Blockchain as something truly secure, the impact of the DAO attack might be disastrous not only for The DAO and Ethereum themselves but for R3 consortium and its members too. What if a smart contract fails. Getting back to business with the ‘hard fork’ would mean rolling all the transactions back to a point before the theft. Using a ‘soft fork’ instead would be equal to blocking all the transactions from the attacker’s address. Another option would be to do none of these and say, “That’s how the system works.” The option of doing nothing wasn’t....
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