What's the big deal? Who really cares what code base we use. That's what open source is all about. Take the best from each project.
Improving the crap we inherited from Cryptonote has been one of our primary objectives. We will continue to move ahead with that.

Being opensource is not a quality proof !
Like any complex code, there is a high cost of time/effort to really enter into the code, understand it and develop  it.

Look at openssl flaw. It is open source, everybody relyed on this fact to trust the level of security while in fact nobody was really competent except 2 or 3 folks on earth to really understand what the code was doing.

Until a smart devil guy wakes up and starts diving dephtly into the code to find beautifull germ of bug.

Same apply for 100% of opensource code.

And im not even talking about closed source code as far as nobody can read it

Any ideas who's to blame?

OK investors and traders. Let''s put up a buy wall at 0.004 and find a floor there. Anyone selling will have to buy back in more expensive if successful.
By putting your order at 0.004 you are supporting the floor.
I will chip in some myself.

Creating an exodus option to move over to Bitcoin codebase would be the death of Monero.



There have been too many issues that have come to light recently.

The mining exploit that has been going on and has just been disclosed shocked me.

This attack, given Peter Todd's analysis, is just another major issue that I'm finding it hard to live with.

It's starting to sound like the original Cryptonote code was used to scam people by introducing something new and different. Those of us that have bought into its promise, in good faith, may just be at the tail end of the scam.

This looks like an unravelling of the problems, not a temporary blimp. At the back of my mind now is: 'what next?'

I'm an investor, Peter Todd is more competent to give a technical analysis. It doesn't look good.