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RE: 300 Million Dollars Locked In Ethereum Network By A Bug Generated By Solving Another Bug

in #ethereum7 years ago (edited)

I have been concerned for some time that Etherium is over subscribed, almost every new ICO and token is built on it and this presents huge risk in that there is so much money centralized onto one platform. More so, if critical societal functions like energy networks (guess what, energy is requred for blockchains) all use one platform, then a failure of one underlying system can become extremely damaging.
Id advocate for people doing things the hard way, building custom block-chains which are proofed against these sorts of bugs, or at least having them only effect one of many discrete systems.

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Ethereum surely isn't mature enough for the kind of attention it receives. Many core ETH developers, including Vitalik Buterin warned about this.

Yeah, I kind of think people forget everything in block-chain, including Bitcoin, is one huge experiment

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