Adam Back

you end up having fewer participants in the network, which is bad for you, objectively speaking, because you're losing out on those fees.

However, if they think that this movement is too small, then they have their other economic incentives, including being friends with Saylor and Adam Back and people who are big in the space but were against this fork.

So they have to weigh this economic decision one against the other.

And the sales numbers of start nines and umbrals, like 5,000 new nodes fired up approximately, all of this is approximation.

And that's the problem they're having.

So Adam Back says that the network resumption is coming up.

And he says that the peg will be covered.

But he says that don't panic sell.

and i'm thomas hunt from the world crypto network moving on to issue one liquid bug well they found the bug that drained the liquid foundation it's not good from what i can tell blockstream recently found a vulnerability from 2019 i'm not going to name names but they were patching the vulnerability five days ago the problem is they did it in phases and disclosed it to the public without waiting for it to be patched and telling everyone where the vulnerability was this is either a massive negligent blunder or an intentional scapegoat i don't have evidence either way but i'm just pointing out that both are plausible from a technical level in simple terms they found a back door to the treasure instead of closing the door writing right away or waiting to tell everyone until the door was closed they posted the treasure map for the whole world to see while the back door was left wide open hackers have stolen 4 000 bitcoin worth 320 million dollars from the liquid Network However, the hackers claim to be white hat hackers and say, contact us on chain.

company worth three billion dollars whose ceo is speculated to be satoshi built its own side chain and the hacker walked away with 4 000 real bitcoin the federation signed it because the fake coins looked valid the keys were not stolen this is a software bug she says ben says he wrote a little screenplay about it four thousand bitcoin one small bug one very unhappy lawyer yes very funny and uh let's see white hats stole them we are white hats uh richard hart hits adam back after the liquid drain liquid richard hart went after adam back and after purported white hats pulled four thousand he said liquid is pause the coins west through a peg art no keys were reported stolen the bitcoin had not been returned hart said that back had long called him a scammer and that a large part of the bitcoin community has long disliked blockstream heart piling on to the trouble liquid network attacker returns 3 400 bitcoin after bug fix retains nearly 600 bitcoin around 50 million dollars block stream refuses the ransom for the return of 47 million dollars in the liquid heist saying it is theft with 598 bitcoins still outstanding the company says it will go to law enforcement and that the funds should be returned Ben, quite a soap opera there, the liquid blockchain hack.

What do you think, especially about the end part where they say, hey, we want the rest of our money too.

I think they have to legally say that because it was, I found it.

And as much as I agree, Blockstream has to come out and say, you dirty hackers, blah, blah, blah.

They've got to be so happy they got this money back.

You were saying it's really bad for Adam Back and all these things.

I'm looking at it the other way.