r/ethereum•
Dexaran

New record holder appears. Let's congratulate Gnosis, $77000 are lost in ERC20 GNO tokens.

I wrote an article about ERC20 tokens and described that people are losing money using ERC20 tokens. A new ERC223 token standard was developed to solve this problem.

At the moment of writing the article there were about $10000 lost in ERC20 tokens.

Now there are more than $220000 lost in ERC20 tokens. The problem is that there is no way to handle the ERC20 token transactions. The result is tokens that get stuck inside contracts. Let me show you some examples of stuck tokens.

I'm introducing top5 ERC20 tokens where money was lost:

  1. Gnosis GNO ~ $77000 lost.

  2. Golem GNT ~ $65000 lost.

  3. SingularDTV SNGLS ~ $63000 lost.

  4. Digix DGD ~ $9000 lost.

  5. FirstBlood 1ST ~ $4300 lost

Ladies and Gentlemen, prepare popcorn. StorJ is going to launch its own ERC20 tokens. I wrote this appeal to them earlier. They were warned but they said that this is not a problem. Let's see how big this "not a problem" will be.

Posted May 19, 2017, 8:32 PM UTC · edited

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