DAO hacker exchanges ETC against Bitcoin

The DAO Hacker - a step further towards real profit.

Let's remember June, when a hack from Ethereum's most famous project, the DAO, could get a lot of money by taking advantage of a security gap. The hack had a huge impact on the Ethereum ecosystem - there were weeks of debates that ultimately led to a schism within the scene. The fate of the stolen funds was, of course, also a topic of public interest. In September the hacker began to set the funds in motion.

On the track of the DAO Diebesguts

The balance on the above Bitcoin address corresponds only to a small part of the diebesgut: more than 3. 5 million ETC are still here. However, Khoos work may soon be worthwhile.

Even though hitherto the footage of the thief was publicly visible, this transparency can be lost forever if the hacker continues to move funds between different blockchains.

Thanks to Coinmixing, Bitcoin is much more anonymous than in Ethereum. "And the community? Even if these developments are certainly positive for the DAO hacker, these news will be less relevant to blockchain development in general. The developers of Ethereum continue to change the blockchain in favor of DAO tokenholders. On the Money2020, Vitalik Buterin said that he did not think the intervention of the developers had changed the "immutability" of the Ethereum Blockchain - which is the argument of the Ethereum Classic trailer.

"Principles are nice and good, but they must follow a social purpose," says Buterin. Nevertheless, Buterin also said that he would analyze the decision even further. He believes today that Ethereum needs a "more supportive infrastructure" with the goal that it does not always need a blockchain edit when something like this happens.

Specifically, Avtar Sehra, an ETC supporter on Twitter said: "The DAO hackers' funds may be currently moving - but movement is not going to disappear. We are on the blockchain of ETC - not on Accentures editable blockchain. "

English original version of Alyssa Hertig via CoinDesk