A hacker stole $31M of Ether — how it happened, and what it means for Ethereum

“I’ve read some comments on Reddit and HackerNews along the lines of: “What an obvious mistake! How was it even possible they missed this?” (Ignoring that the “obvious” vulnerability was introduced in January and only now discovered.)

When I see responses like this, I know the people commenting are not professional developers. For a serious developer, the reaction is instead: damn, that was a dumb mistake. I’m glad I wasn’t the one who made it.

Mistakes of this sort are routinely made in programming. All programs carry the risk of developer error. We have to throw off the mindset of “if they were just more careful, this wouldn’t have happened.” At a certain scale, carefulness is not enough.”

tags: ethereum

A hacker stole $31M of Ether — how it happened, and what it means for Ethereum