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The Treasure DAO hack: why code should not be law

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Manage episode 322436937 series 3287389
Content provided by Keir Finlow-Bates. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Keir Finlow-Bates or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

A week ago about 100 NFTs worth an estimated $1.4 million dollars were grabbed by someone for $0 million dollars.

How did they manage to do this? There was an error in a smart contract which did not consider the result of multiplying a number by zero.

The case is not just interesting from a smart contract testing perspective, but is also a clear-cut example of "code is law" diverging from the "spirit or meaning of the contract".

More on that in this episode.

  continue reading

136 episodes

Artwork
iconShare
 
Manage episode 322436937 series 3287389
Content provided by Keir Finlow-Bates. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Keir Finlow-Bates or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

A week ago about 100 NFTs worth an estimated $1.4 million dollars were grabbed by someone for $0 million dollars.

How did they manage to do this? There was an error in a smart contract which did not consider the result of multiplying a number by zero.

The case is not just interesting from a smart contract testing perspective, but is also a clear-cut example of "code is law" diverging from the "spirit or meaning of the contract".

More on that in this episode.

  continue reading

136 episodes

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