Date Posted: 8/22/2016

Incoming PhD student Phil Daian was quoted by Forbes regarding the loss of tens of millions of dollars from the Decentralized Autonomous Organization (DAO), a cryptocurrency-based venture.  The magazine, in quoting Daian's analysis, calls it "an excellent dissection" of what went wrong: "[the] exploit was [probably] missed in review so many times by so many different people [because] reviewers tend to review functions one at a time, and assume that calls to secure subroutines will operate securely and as intended.

Daian's article includes an acknowledgment to Gun Sirer: "Sincerest thanks ... for turning me on to this attack before it went public, and staying up late on a Friday to adapt my post to Markdown and get it published early".


Forbes article: http://www.forbes.com/sites/francescoppola/2016/06/20/the-dao-hacking-shows-that-coders-are-not-infallible

Daian's excellent dissection: http://hackingdistributed.com/2016/06/18/analysis-of-the-dao-exploit/