DAO attackers transfer $60,000 as ETC hard fork completes

DAO attackers transfer $60,000 as ETC hard fork completes

While most of the media was focusing on the Ethereum (original chain) hard fork, the DAO attacker was quietly moving the funds he had stolen months ago.

ETC was split from the Ethereum (fork) community. The Slock.it team launched The DAO project, which was based on ETH and aimed to make it a group investment tool. DAO raised nearly $150 million in funds and was the focus of community discussion. Then, it was attacked.

This part of the funds is still locked in The DAO contract and can only be unlocked when the expected fund distribution time is reached. Then, Slock.it invalidated The DAO contract, and ETH developers retrieved the stolen funds through a hard fork. This plan was simply "flawless", as if The DAO and the attack had never existed. However, this move by ETH angered a small number of members in the community, who believed that the immutability of the ETH blockchain was the most important.

This group of miners continued to mine in the original chain (the chain before the fork), creating a new cryptocurrency ETC. They continued to operate the unforked chain, forming two different worlds: one world contains the DAO, including all the consequences of the attack; and the other world is as if nothing had happened.

Since then, ETH and ETC have been subjected to a large number of spam attacks and DDOS attacks. In order to completely solve such problems, ETC decided to conduct a hard fork. However, unlike the fork of ETH that changed the history of the blockchain, the purpose of this fork of ETC is only to fix some technical vulnerabilities.

Although the hard fork of ETC is for the purpose of fixing technical problems, there are still considerable risks. If not enough miners switch to the forked chain, it is likely to cause another split, just like the current ETH and ETC.

ETC's fork was carried out at区块2500000 The hard fork has been successfully completed. Unlike ETH's original hard fork, ETC's fork will not invalidate previous transactions or contracts. Because the gas price of the contract has been increased, the contract created before the fork may not be executed as scheduled, but it will not be removed.

There are many articles on the Internet about the ETC hard fork, but few media have noticed that the DAO attacker has moved funds from the ETC blockchain. It is still a mystery whether the attacker's behavior is related to this hard fork, but the timing of his choice to move funds is really special.

In September, the attacker started moving funds. Strangely, he donated 1000个ETC to the ETC Development Fund at the time. After that, he never moved the funds again until recently.

After the ETC hard fork, the attacker immediately began to transfer funds.区块2500181 , the attacker transferred 1100个以太币;区块2500228 , he transferred 5000个; and then in区块2500611和2501408 he transferred 10000个each. All the above funds were transferred to the same account. At the same time, he donated another sum of money to the ETC Foundation.

(The attacker first aggregated the funds into this address)

The amount of ether that was moved out is nothing compared to the amount of funds left in the attacker’s account, but the amount of money he moved out is by no means a small amount. According to the cryptocurrency data platform CoinGecko, the attacker has currently moved nearly 61610美元.

The 60000个以太币transferred out were scattered to more than a dozen different addresses, making them difficult to track. Currently, most people in the community hope that ETC developers can return this part of the funds to the DAO victims, or directly destroy (burn) them. Because they believe that whether the money is used for ETC developers or the ETC community, it seems to be suspected of collusion with the attacker.


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