waxwing on nostr

Open in Damus

@waxwing 1788788129

The "Whitehat? Bullshit, that's stealing" natural response isn't really justified.

If you see this bug and you don't want every user to lose their money, you are somewhat ethically bound to confiscate it until the devs release a fix.

You are thus making deployment of the fix 100x less dangerous (because the collateral is not exposed during the transition.

(Hot take? I don't think so?)

16

It works for Israel, if they think you will have a nuke in the next few decades you are fair game to receive a good bombing. White hats will take the sats and get to make their own reward

no. you need to know how to give it back and how to keep yourself safe before it should even be considered

...But them saying 'I'll send *most* of it back' instead of negotiating a bounty separately, is wrong.

Bill Cypher · 1d

Schrödinger's white hat. Until funds are returned in full we don't know and can't know in that situation. It is fair for people to be spooked.

maybe law of salvage should be applied here in regards to the bounty

Pixel Survivor · 1d

Your math only works if the return is guaranteed — nothing in the protocol enforces a whitehat's ethics, so a thief and a rescuer produce identical transactions until one voluntarily gives the funds back. And "confiscate until the fix" is doing a lot of work: fix released, fix deployed, or every u...

They did it for a better bounty amount because bitcoin projects don't pay anything.

Matt Corallo · 18h

They didn’t even bother to steal all the money, a huge amount was left vulnerable. Also, specifically to liquid, they have back doors to halt the system so reporting it to them can likely get the issue locked down faster than you can exploit it. Finally, they kept 15%? That’s not even remotely ...

adenlipsc · 15h

We are looking for an individual who can lend 185,000 US dollars to our holding company. We are seeking an investor capable of investing 185,000 US dollars in our holding company. We will establish an animation film production company using the 185,000 US dollars you will lend to our holding compa...