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“A hacker stole $31M of Ether — how it happened, and what it means for Ethereum” @hosseeb


>While Bitcoin uses its blockchain to implement a ledger of monetary transactions, Ethereum uses its blockchain to record state transitions in a gigantic distributed computer. Ethereum’s corresponding digital currency, ether, is essentially a side effect of powering this massive computer. Nicely put


I hate to say 'I told you so,' every time one of these supposedly foolproof techs proves to be pregnable, but...