A SOLUTION TO THE DAO ATTACK WILL HELP TO RECOVER ETHEREUM
As stated in related DAOETH5.00% idea, I expect that the solution to the attack on DAO last Friday will be found.
In the last 36 hours we have witnessed an attack on The DAO. An attacker utilized the “Recursive Call Exploit” in the `splitDAO()` function to withdraw 3.5M ETH while burning only a small amount of DAO tokens.
Luckily, the funds are not under his control. They are locked in a childDAO. --- coming from
So it seems that there is a solution for the problem and "money" is frozen. I expect that DAO to recover soon. As DAO recovers so ETHereum does.
In the last 36 hours we have witnessed an attack on The DAO. An attacker utilized the “Recursive Call Exploit” in the `splitDAO()` function to withdraw 3.5M ETH while burning only a small amount of DAO tokens.
Luckily, the funds are not under his control. They are locked in a childDAO. --- coming from
So it seems that there is a solution for the problem and "money" is frozen. I expect that DAO to recover soon. As DAO recovers so ETHereum does.
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