Natürlich musste #AxieInifinity genauso wie #TheDAO gegen die Wand krachen...

Zuviele Leute sind #HornyForMoney und damit nachlässig...

https://www.youtube.com/watch?v=cM6epfSoauQ

Der größte NFT-Betrug aller Zeiten

YouTube

On ne peut pas retirer l'argent, le flux est dans un seul sens (ce qui évite les bogues style #TheDAO qui sont la plaie des fonds d'investissement tournant sur la chaine)

[Évidemment, les fanboys de G1 prennent la parole très longtemps pour promouvoir leur solution magique.]

Mon opinion :ça me semble une bonne utilisation des possibilités de la chaine de blocs.

(Ping @p4bl0 qui a l'autre exposé sur cette chaine.)

#CDL2023

And no, #Solidity is worse than #aws because as much as I hate it just slightly less than trowing stacks of cash at #Akamai, it doesn't actually solve an real-world problems but only exist to drive #Shitcoin #scam|s like #Ethereum up.
https://www.youtube.com/watch?v=ZzI9JE0i6Lc

Whereas #Monero   is one of the most stable #Cryptocurrencies because it's developed by people who actually know the basics of economics and ain't #AnCap #shitposters that think they can change laws by coding stuff like #TheDAO...

AWS for the Haters in 100 Seconds

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@sollee @asei_sano @harkl @aruiz TBH, #Ethereum failed when #TheDAO was #backrolled as #SmartContract and thus #Buterin and other massive stakeholders showcased their capability to undo stuff they don't like.

Which makes them a liability I'd not count on...
https://www.youtube.com/watch?v=YQ_xWvX1n9g&t=7173s

Line Goes Up – The Problem With NFTs

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@FranckLeroy that being said as #TheDAO and the #Ethereum - #Backroll has shown: Major #Stakeholders [aka. the 51%] on a #Blockchain are perfectly able to undo scammy transactions against all ideological claims.

They just purposefully decide not to do so in almost all cases for their own greedy interests, making them less accountable than any [central] bank ever!

https://youtu.be/YQ_xWvX1n9g?t=7173

Line Goes Up – The Problem With NFTs

YouTube

@strypey

Maybe those "otherwise very smart people" know CAP theorem?

Or maybe they know a #Ponzi scheme when they see one?
Or at least when crypto bilionaire explain #DeFi as Ponzi schemes?

Or maybe they remember #TheDAO, that proved once for all that #blockchain can be rewritten?

Or maybe they know several better alternatives to any application of blockchain (except for scam)

Or maybe they know #PoS based cryptocurrency are institutionalozed plutarchies?

Or maybe they know PoS assumes people having their highest stake on-chain (that is NEVER the case)?

Or maybe they follow closely the matter since years (I started somewhere in between 2009 and 2012) and saw countless ICOs turning as plain scams?

Or maybe they know about #Tether?

You focus on the huge waste of energy of but in fact you are ignoring the legitimacy criticism of #cryptocurrency.

Yes the cryptoindustry waste a huge amount of energy even if you do not count the one wasted in marketing, propaganda and lobbying.

But that's just one of the issue.

@ilnulla

E’ già stato fatto, e non è finita bene: https://en.wikipedia.org/wiki/The_DAO_(organization)

Nessuno parla mai di #TheDAO quando promuove le #criptomenate perché ha dimostrato (matematicamente ed empiricamente, per costruzione) quanto vuota sia TUTTA la narrazione della #blockchain.

La sai quella che la blockchain non si può riscrivere?

Ecco è stata riscritta.
Ed è stato facilissimo!

Gli sviluppatori di #Ethereum hanno modificato il software, l’hanno aggiornato et violà, le transazioni di The #DAO erano sparite!

🤯

Sennonché non tutti accettarono di buon grado il nuovo corso.
Molti per far soldi (double spending), qualcuno perché dopo anni a ripetere “Code is Law!” “Code is Law!” non poteva sputtanarsi così di fronte a tutti.

Così il fork riscritto ha dovuto cambiare nome, da #ETC a #ETH.

Ma nonostante lo scandalo globale del 2016, oggi tutti fanno finta che non sia mai successo, che la blockchain sia davvero immutabile etc…

BALLE.

@quellodeilobri @SimoneSilvestri @informapirata @italianverse

The DAO (organization) - Wikipedia

2016 erschütterte ein Hack gegen die Krypto-Organisation DAO die Grundfesten von Ethereum. Nun meint eine US-Journalistin, den Täter gefunden zu haben.
Der Hack, der Ethereum spaltete: DAO-Angreifer angeblich enttarnt
Der Hack, der Ethereum spaltete: DAO-Angreifer angeblich enttarnt

2016 erschütterte ein Hack gegen die Krypto-Organisation DAO die Grundfesten von Ethereum. Nun meint eine US-Journalistin, den Täter gefunden zu haben.

heise online
Remember in 2016 when a small group of people didn’t like the way someone used ETH so they rolled back the chain and rewrote history? #TheDAO