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Unchained

Is Code Law? Should the Hacker Be Punished? The DAO Creators Disagree - Ep.325

Unchained

Laura Shin

News, Business News, Tech News

4.61.3K Ratings

🗓️ 1 March 2022

⏱️ 82 minutes

🧾️ Download transcript

Summary

During my research for The Cryptopians, I found information that I believe identifies the perpetrator behind The DAO hack on Ethereum. Three founding members of The DAO and Slock.it (Christoph Jentzsch, Lefteris Karapetsas, Griff Green) discuss how and why they created The DAO, how they helped save the funds being siphoned off by black hat hackers, their personal feelings about The DAO, along with their reaction to the news about who I believe was The DAO attacker. Show topics:   Part 1: Background on The DAO Christoph, Lefteris, and Griff’s background and how they came to Slock.it what Slock.it was and why the Slock.it team decided to create The DAO what The DAO has to do with venture capital funding why the Slock.it team did not cap The DAO sale what made The DAO such a popular investment vehicle why The DAO developers were scared at the amount of money they raised   Part 2:  what Christoph, Lefteris, and Griff’s initial reaction to The DAO was saving funds from The DAO via a hard fork versus white hat hacking whether they thought Ethereum Classic would survive a hard fork how the Ethereum community has treated Christoph, Griff, and Lefteris in the wake of The DAO attack   Part 3: why they disagree on whether code is law their reaction to my naming Toby Hoenisch as The DAO attacker which actor would play them in a movie about The DAO attack Come to My In-Person Book Signings and Events! New York:  Wednesday, March 2, at 7pm At The Strand Bookstore Moderated by CoinDesk’s Christine Lee https://www.strandbooks.com/events/event403?title=laura_shin_the_cryptopians_idealism_greed_lies_and_the_making_of_the_first_big_cryptocurrency_craze   Bay Area:  Tuesday March 8, 6pm San Francisco’s Commonwealth Club  Moderated by The Information’s Kate Clark https://www.commonwealthclub.org/events/2022-03-08/laura-shin-inside-first-cryptocurrency-craze   Seattle:  Wednesday March 9, at 7:30pm The Forum Moderated by Steve Scher, of Town Hall Seattle.  https://townhallseattle.org/event/laura-shin/ Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021            Beefy Finance: https://beefy.finance     Cross River Bank: https://crossriver.com/crypto    Episode Links   Guests Christoph Jentzsch ​​https://twitter.com/ChrJentzsch Griff Green https://twitter.com/thegrifft  Lefteris Karapetsas https://mobile.twitter.com/LefterisJP    DAO Hacker Reveal:  Forbes: https://www.forbes.com/sites/laurashin/2022/02/22/exclusive-austrian-programmer-and-ex-crypto-ceo-likely-stole-11-billion-of-ether/ Unchained: https://unchainedpodcast.com/exclusive-cryptos-biggest-whodunnit-who-was-behind-the-2016-dao-attack-on-ethereum/  Medium: https://medium.com/@laurashin/who-hacked-the-dao-on-ethereum-heres-how-we-jumped-past-one-critical-step-60aec489a127 Bulletin: https://laurashin.bulletin.com/who-was-behind-the-2016-dao-attack-on-ethereum-the-backstory-to-my-investigation Forbes on YouTube: ​https://www.youtube.com/watch?v=PuICbAucfn0  Daily Tech News Show: https://www.twitch.tv/videos/1306972988    The Cryptopians http://bit.ly/cryptopians  On Amazon: https://www.amazon.com/Cryptopians-Idealism-Greed-Making-Cryptocurrency/dp/1541763017/ref=tmm_hrd_swatch_0?_encoding=UTF8&qid=1645037311&sr=8-2 On Barnes. &. Noble: https://www.barnesandnoble.com/w/the-cryptopians-laura-shin/1138980345?ean=9781541763012  On Bookshop.org:  https://bookshop.org/books/the-cryptopians-idealism-greed-lies-and-the-making-of-the-first-big-cryptocurrency-craze/9781541763012 Unchained: https://unchainedpodcast.com/how-writing-the-cryptopians-shaped-my-views-on-ethereum/    The DAO Hack https://www.coindesk.com/learn/2016/06/25/understanding-the-dao-attack/ https://www.gemini.com/cryptopedia/the-dao-hack-makerdao https://unchainedpodcast.com/how-matthew-leising-confronted-his-suspects-in-the-dao-attacks/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hi, all. Thanks to everyone for buying my book and sending me such nice notes and tweeting

0:06.1

such nice things about it. And also for being so congratulatory about my news, about who

0:12.6

I believe the Dow Attacker is, I've had a really wonderful whirlwind of a first week as a

0:18.8

book author. And I was so glad to be able to enjoy most of it at in-person events, which

0:25.8

was super fun and also got to personally thank some sources who helped me with the book.

0:30.1

I just wanted to give you a heads up about more in-person events that I'll be doing in case

0:36.0

you want to get your book signed or in case you just want to say hi. So New Yorkers, on Wednesday,

0:43.4

March 2nd, yes, that is the day after this podcast episode drops. At 7 p.m., I will be doing a

0:51.0

reading and signing moderated by coin desks Christine Lee at the Strand bookstore. Again, that's Wednesday

0:58.6

March 2nd, the day after this episode drops and it's at 7 p.m. at the Strand. As of this moment,

1:05.4

tickets were close to selling out. So if you're on the fence, I would get one now. The link to the

1:11.0

event is in the show notes. For folks in the Bay Area on Tuesday, March 8th, I'll be doing a

1:16.8

reading and signing at San Francisco's Commonwealth Club, moderated by the information's Kate Clark.

1:23.4

Doors open at 515, the program begins at 6 and the book signing is at 7 p.m. For people in Seattle,

1:32.1

I'll be doing a reading and signing as part of Town Hall Seattle on Wednesday, March 9th at 730 p.m.

1:38.6

at the Forum moderated by Steve Shere of Town Hall Seattle. So again, a quick recap, I will be at

1:46.1

the Strand in New York City on March 2nd at 7 p.m. I will be at the Commonwealth Club of San Francisco

1:52.9

on Tuesday, March 8th and I will be in Seattle at the Forum on Wednesday, March 9th. Check out the

1:59.9

show notes to buy tickets and now on to the show. Hi, everyone. Welcome to Unchained, your

2:10.1

no-hi resource for all things crypto. I'm your host, Laura Shin, a journalist with over two

2:15.3

decades of experience. I started covering crypto six years ago and as a senior editor,

2:20.5

Forbes was the first mainstream meter reporter to cover cryptocurrency full-time.

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