Podcast
Questions and Answers
What vulnerabilities were exploited in the attack on The DAO in 2016?
What vulnerabilities were exploited in the attack on The DAO in 2016?
- Recursive calls (correct)
- Smart contract deployment
- Blockchain consensus mechanism
- Public key encryption
How much Ether did the user gain control of in the attack on The DAO?
How much Ether did the user gain control of in the attack on The DAO?
- 5 million Ether
- 3.6 million Ether (correct)
- 10 million Ether
- 1 million Ether
What was the value of the affected Ether at the time of the attack on The DAO?
What was the value of the affected Ether at the time of the attack on The DAO?
- $100 million
- $200 million
- $50 million (correct)
- $10 million
What step is involved in deploying a smart contract for a lottery?
What step is involved in deploying a smart contract for a lottery?
How do participants enter a lottery conducted through a smart contract?
How do participants enter a lottery conducted through a smart contract?
What community responses were observed after The DAO attack?
What community responses were observed after The DAO attack?
What is the purpose of utilizing the blockchain's pseudorandomness in lotteries?
What is the purpose of utilizing the blockchain's pseudorandomness in lotteries?
How does recording lottery transactions on the blockchain promote auditability?
How does recording lottery transactions on the blockchain promote auditability?
What is a key benefit of blockchain in auctions?
What is a key benefit of blockchain in auctions?
How do smart contracts in lotteries reduce the need for intermediaries?
How do smart contracts in lotteries reduce the need for intermediaries?
What is a significant advantage of establishing trust through blockchain consensus in lotteries?
What is a significant advantage of establishing trust through blockchain consensus in lotteries?
How does tokenizing auction items using blockchain tokens benefit the auction process?
How does tokenizing auction items using blockchain tokens benefit the auction process?
What is the purpose of conducting transparent bidding in an auction?
What is the purpose of conducting transparent bidding in an auction?
How does automatic bid validation benefit an auction process?
How does automatic bid validation benefit an auction process?
What is the advantage of establishing a trustless environment in an auction?
What is the advantage of establishing a trustless environment in an auction?
How does blockchain consensus help in an auction process?
How does blockchain consensus help in an auction process?
What role do smart contracts play in auctions?
What role do smart contracts play in auctions?
How does immediate transaction settlement benefit an auction?
How does immediate transaction settlement benefit an auction?
