Too Many Message Boards › General Topics › Computing and Technology v
Cryptocurrency - Beanstalk theft

Thread Rating:
  • 1 Vote(s) - 5 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Threaded Mode
Cryptocurrency - Beanstalk theft
Olive Offline
Guru
********
Posts: 921
Threads: 18
Joined: Nov 2021
Reputation: 30
#1
24-04-2022, 08:38 AM
A fascinating insight into how cryptocurrency works:

https://www.theverge.com/2022/4/18/23030...dao-voting

Thread: Cryptocurrency - Beanstalk theft
Find
Reply
king1 Offline
Administrator
*******
Posts: 1,936
Threads: 123
Joined: Oct 2021
Reputation: 65
Staff
#2
24-04-2022, 10:33 AM
That was an interesting read, highlights the pitfalls that can happen with emerging technologies.

Apparently users had already raised the possibility of such an attack and it was ignored...
https://www.theverge.com/2022/4/22/23037...82-million
The world would be a perfect place, if it wasn't for the humans.
Electric Kiwi $50 credit | Sharesies | Buy Crypto | Surfshark VPN | Cloud Backup

Thread: Cryptocurrency - Beanstalk theft
Find
Reply
Oh_hunnihunni Offline
Really Honest Left Wing Nut Job
**********
Posts: 3,328
Threads: 58
Joined: Feb 2020
Reputation: 88
#3
24-04-2022, 10:41 AM
And can I just point out that NFTs are merely a tool to support cryptos, and have absolutely nothing to do with art.

At the risk of being that little kid pointing out the Emperor's lack of wardrobe...

Thread: Cryptocurrency - Beanstalk theft
Find
Reply
king1 Offline
Administrator
*******
Posts: 1,936
Threads: 123
Joined: Oct 2021
Reputation: 65
Staff
#4
24-04-2022, 11:05 AM (This post was last modified: 24-04-2022, 11:06 AM by king1.)
(24-04-2022, 10:41 AM)Oh_hunnihunni Wrote: And can I just point out that NFTs are merely a tool to support cryptos, and have absolutely nothing to do with art.

At the risk of being that little kid pointing out the Emperor's lack of wardrobe...

Interesting to note the comment in the article that openseas acknowledges that some 80% of the NFTs on their market are fake...
The world would be a perfect place, if it wasn't for the humans.
Electric Kiwi $50 credit | Sharesies | Buy Crypto | Surfshark VPN | Cloud Backup

Thread: Cryptocurrency - Beanstalk theft
Find
Reply
Oh_hunnihunni Offline
Really Honest Left Wing Nut Job
**********
Posts: 3,328
Threads: 58
Joined: Feb 2020
Reputation: 88
#5
24-04-2022, 06:28 PM
More money than sense...

Thread: Cryptocurrency - Beanstalk theft
Find
Reply
nzoomed Offline
Super Moderator
******
Posts: 636
Threads: 89
Joined: Feb 2020
Reputation: 14
Staff
#6
26-04-2022, 01:19 PM
dont get me started on NFTS! Big Grin
https://www.youtube.com/watch?v=BP6Cm1TDlNE

Thread: Cryptocurrency - Beanstalk theft
Find
Reply


Forum Jump:


Users browsing this thread: 4 Guest(s)