The way I read the article, the “worth millions” is the sum of the ransom demand.

The funny part is that the exploit is in the “smart” contract, ya know the thing that the blockchain keeps secure by forbidding any updates or patches.

  • ElectroNeutrino@lemmy.world
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    11 months ago

    Good and services are still primarily purchased with fiat in most of the world. You need to be able to actually use it for it to be useful, so whether or not blockchain is theoretically better doesn’t matter there if there isn’t wide enough adoption.

    • shortwavesurfer@monero.town
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      11 months ago

      True, thanks to the internet if the good is not immediately available in my local area for crypto i can order it online and have it delivered. Depending on exactly what the service is makes that an option too.