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Comment by lavezzi | Hacker News Reader

Doesn't Ethereum have its own problems right now?

Not ethereum, but one of the contracts written on top of it had a bug that some newbie triggered by mistake and locked something like $160M worth of moneys.

Ethereum's value, its reason for existing, is the deployment and operation of smart contracts.

When one of the most popular semi-complex smart contracts fails not once but twice in a matter of months (losing hundreds of millions USD in the process), it is time to look not at the newbie or the contract programmer, but the platform itself.

Ethereum works fine as a currency too (~15 sec per block, quite nice). It also works fine with simple contracts, it's the humans who aren't good enough (yet) to write bug-free code.

Bugs in software of various kinds cause billions of dollars worth of damage, deaths too. Yet I don't see people claiming it's the fault of C++.

Yet I don't see people claiming it's the fault of C++

A major driving force behind the development of Rust is that exact claim.

I doubt software written in Rust has no bugs.

I don't think anyone is claiming that, it does however seem quite likely that it will have less.

Please don't summon the Rust Evangelism Strike Force

> I don't see people claiming it's the fault of C++.

You must be new here.

At the moment ethereum is its wallet software, if you cant write safe smart contracts then ethereum has no USP.

Someone masqueraded a third party software bug as a protocol problem and you fell for it?

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