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Re: Deep Web Trading Site Silk Road 2 Hacked

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cykros@devio.us wrote:
> True Satan<true_satan@fastmail.co.uk>  wrote:
>> "http://www.deepdotweb.com/2014/02/13/silk-road-2-hacked-bitcoins-stolen-
>> unknown-amount/"
>>
>> Either the admins and staff of the site were incredibly stupid (you
>> don't leave all the doors and windows open at your version of Fort Knox)
>> or are behind the theft of an as yet undetermined quantity of Bitcoin.
>> The failure bears uncanny similarity to the Mt.Gox fiasco in that they
>> lay the blame on the Bitcoin protocol yet said protocol has had the flaw
>> they are highlighting from its inception and it is both very well known
>> and warned about by Bitcoin developers. Use of official Bitcoin clients
>> fully mitigates the flaw...it would seem that like Mt.Gox they crafted
>> their own system and the known flaw was not mitigated within it.
>
> First Post! :-P
>
> Either one is really entirely plausible.  Blindspots exist for everyone,
> and even when you have the luxury of having a big team working on security
> for a server, things can and often do get missed.  Scale that down to a
> one or two man operation with extremely little trust going out from there,
> and you have a recipe for a vulnerable server.  But naturally, they also
> are running a criminal underground site whose name they got by
> opportunistically jumping on the name and style of a popular site that
> had just been popped.  Neither option would really surprise me here;
> it may be interesting to see how this affects things for them.
>

There's an old saying: "don't blame on malfeasance that which can more 
easily be explained by incompetence" or something like that.  Maybe 
somebody got rich off of this.

But already the luster is coming off of Bitcoin.  These recent 
vulnerabilities and loss of value make Bitcoin not worth the effort, and 
people won't have any trust in it - the source of its value.

Meanwhile, Dogecoin, on the other hand .. Much success! Many value!

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Thread

Deep Web Trading Site Silk Road 2 Hacked True Satan <true_satan@fastmail.co.uk> - 2014-02-13 20:54 +0000
  Re: Deep Web Trading Site Silk Road 2 Hacked cykros@devio.us - 2014-02-13 21:10 +0000
    Re: Deep Web Trading Site Silk Road 2 Hacked RS Wood <rsw@therandymon.com> - 2014-02-14 11:04 +0000
    Re: Deep Web Trading Site Silk Road 2 Hacked True Satan <true_satan@fastmail.co.uk> - 2014-02-14 12:23 +0000

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