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Ethereum smart contract vulnerability 6

Publish: 2021-05-11 18:02:06
1.

a brief history of etheric Classics (etc)

etheric classics began with an unfortunate event

in May 2016, the decentralized autonomous organization (DAO) held a token sale with the goal of establishing a blockchain based venture capital to fund future decentralized applications (dapps) in the Ethereum ecosystem

basically, Dao is a complex smart contract that operates in a decentralized way - computer code that automatically performs tasks between multiple parties when conditions are met

despite its ambitious goals and successful token sales, Dao's code has a major vulnerability that allows attackers to steal eth from decentralized organizations

the attacker took advantage of this vulnerability in June 2016, triggering the infamous Dao hacking event, and maliciously stole eth worth about US $50 million

there is no doubt that Dao hacking has shocked Ethereum community and made eth price drop from $20 to $13

after the Dao hacking, the Ethereum community has to choose from three options

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  • do nothing and try to bear the consequences of the attack

  • start soft bifurcation to recover funds

  • deploy a hard fork to recover the lost eth

  • both soft and hard bifurcations are significant network upgrades. However, soft fork allows users who are not upgraded to communicate with upgraded users, while hard fork is not backward compatible with previous versions

    as developers realize that deploying soft forks will expose the network to distributed denial of service (DDoS) attacks, Ethereum community decides to initiate hard forks to recover the funds lost in Dao hacking attacks

    although this scheme is supported by most people, a small number of people in Ethereum community oppose it. They think that "code is the law" and blockchain network should be unchangeable

    the failure of both sides to reach an agreement on the solution eventually led to the fragmentation of Ethereum blockchain

    those who tried to recover the lost eth chose the hard fork and opened the Ethereum (ETH) blockchain as we know it today, while another group stayed on the original Ethereum classic (etc) chain

    what problems does ethereal classic solve

    Ethernet classic (etc) is a blockchain platform that allows developers to deploy smart contracts and dapps

    although this function is the same as Ethereum (ETH), etc blockchain has two main differences

    first of all, Ethereum classic community opposes tampering with distributed ledger and supports the view that "blockchain network cannot and should not be modified"

    secondly, although there is no rigid upper limit on the total supply of eth, it is allowed to create 230 million etc at most by adopting the monetary policy of constant supply

    as a bonus item, ethereal classic launched Atlantis hard bifurcation last year to increase the interaction with Ethereum and improve the privacy protection of transactions through ZK snarks

    the trading platforms recommended by ethereal classic etc are: Fire coin, okex, AAX, etc

    2.

    The smart contract has been written for a long time

    if they can add changes, the description is centralized

    the contract is written into the Ethereum smart contract, which is a contradiction sentence

    the financial customer service doesn't understand, which is very unreliable

    community sites

    3. Ethereum is a distributed computing platform. It generates an cryptocurrency called ether. Programmers can write "smart contracts" on the Ethereum blockchain, and these Ethereum smart contracts will be executed automatically according to the code

    what is Ethereum
    Ethereum is often compared with bitcoin, but the situation is different. Bitcoin is a kind of cryptocurrency and distributed payment network, which allows bitcoin to be transferred between users

    related: what is bitcoin? How does it work

    Ethereum has a bigger goal. As Ethereum says, "Ethereum is a distributed platform running smart contracts.". These smart contracts run on "Ethereum virtual machine", a distributed computing network composed of all devices running Ethernet nodes

    "distributed platform" means that anyone can set up and run an Ethereum node just as anyone can run a bitcoin node. Anyone who wants to run "smart contracts" on nodes must pay the operators of these nodes in ether, which is a cryptocurrency related to Ethereum. Therefore, the person running the Ethernet node provides computing power and gets paid in the Ethernet, which is similar to the way that the person running the bitcoin node provides hash power and pays in bitcoin

    in other words, although bitcoin is only a blockchain and payment network, Ethereum is a distributed computing network, and its blockchain can be used for many other things. Details are provided in the Ethereum white paper

    what is ether
    Ethernet is a digital token (or cryptocurrency) related to Ethereum blockchain. In other words, Ethereum is the token and Ethereum is the platform. But now people often use these terms alternately. For example, coinbase allows you to buy Ethereum, which stands for Ethereum

    this is technically "altcoin", which actually means a non bitcoin cryptocurrency. Like bitcoin, ether is supported by distributed blockchain - in this case, Ethereum blockchain

    developers who want to create applications or Ethereum smart contracts on Ethereum blockchain need Ethernet token to pay for nodes to host it, while users of Ethereum based applications may need Ethernet to pay for services in these applications. People can also sell services outside the Ethereum network and accept Ethernet payments, or they can sell Ethernet tokens in cash - just like bitcoin
    4. I've just seen Percy Jackson and the robber of divine fire. It's a bit like Harry Potter, but I think it's very good-looking. It's a story with Greek mythology
    Percy Jackson is an ordinary 12-year-old boy who was diagnosed with dyslexia and hyperactivity disorder. During a field trip organized by the school, he was interviewed by his algebra teacher; Specific function & quot; Scared me. After that, Percy Jackson found that he was not an ordinary person, but a mythical figure and a descendant of human beings< After discovering the mystery of his life, Percy Jackson was sent to a special school. The children studying in this school are the offspring of many mythical characters. When Percy Jackson came to school, Poseidon immediately declared Jackson his own child. In this school, Percy Jackson met two good friends. One is the beautiful Annabeth chase, the descendant of Athena, the goddess of wisdom and skill; The other is Grover Underwood, a descendant of orcs. Not long in the school, Percy Jackson was accused by the gods of stealing the thunder rod of Zeus. Percy Jackson is required to hand over his thunder wand within 10 days, otherwise, his mother will be killed by these gods, and the war between the gods is inevitable...

    there is still one minute left: three discriminated high school students have invented a time machine that allows them to go back in time and change their social status, And help other unfairly treated children to avoid the humiliation of discrimination in high school
    twilight 2, new moon and 1 are about vampires. Bella (Kristen Stewart) is 18 years old and her father gives her a gift. Edward (Robert Pattinson) shows her love generously and tells her the legend of the Italian vampire king. Edward's red haired sister Alice (Ashley Greene, Ashley Greene) holds a birthday party specially for Bella. During the party, Bella accidentally cuts her arm and is attacked by Gaspar. Only with Edward's protection can she escape. However, since then, Edward graally alienated Bella and proposed to break up. This makes Bella cold, but Edward also has difficulties, still secretly protect Bella. Bella is in the empty window period, and her old friend Jacob (Taylor Lautner) makes a warm call, which makes their relationship warm up. Since then, Bella because of the cliff rescue, just know that Jacob is a werewolf, specialized in dealing with vampires. At the same time, Edward, who didn't know about it, thought Bella had committed suicide and was disheartened. He came to Italy to ask the royal family to end his life...

    bloodthirsty daybreak, I think the ending is a little ironic
    2012 is also very good, and the fantasy show of Arthur and his mini kingdom is also very good
    5. Etc (Electronic Toll Collection) is the most advanced toll collection system in the world. Through the microwave special short-range communication between the on-board electronic tag installed on the windshield of the vehicle and the microwave antenna on the etc lane of the toll station, the computer networking technology is used to carry out the background settlement processing with the bank, so as to achieve the purpose that the vehicle can pay the road and bridge fees without parking at the road and Bridge toll station.
    6. Mining level 13, you can mine in the college, but because the map in Xuanyuan is more difficult to dig, and it takes level 25 to see the location of the ore source, so digging Wujin is relatively better in banquan. And 6 square in Xuanyuan can also dig, but the probability is not very high. Out of 6 high probability, to wait until 27, dig 3P, that is in Xuanyuan out of 6 on a lot
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