An exploit that was discovered and fixed extremely quickly, precisely because the chain is transparent.

Reply to this note

Please Login to reply.

Discussion

Indeed, by Satoshi but the exploit happened anyway.

The longer such an exploit goes unnoticed, the harder it is to undo. Think of all the ways the new money poisons innocent people's activities. All that undone, so many losers and for what? Because we didn't realise.

There was another inflation bug on 2018, there's no need to wait for it to be exploited to fix it same for monero.

https://www.coindesk.com/markets/2018/09/21/the-latest-bitcoin-bug-was-so-bad-developers-kept-its-full-details-a-secret/