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Kobayashi
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The simple high level explanation would be like this;

When you (as a DAO token holder) split from DAO, it creates a new child DAO and pays you back (in a transaction) your share by sending it to the new splitted DAO, (your DAO).

The attacker created a loop (by recursively calling the splitDAO function) caused the DAO paying several times instead of once.

This loop caused the DAO repeatedly (27996 times) transact the amount of 237.62451099999999 Ether to the new child DAO.

The simple high level explanation would be like this;

When you split from DAO it creates a new child DAO and pays you back (in a transaction) your share by sending it to the new splitted DAO, (your DAO).

The attacker created a loop (by recursively calling the splitDAO function) caused the DAO paying several times instead of once.

This loop caused the DAO repeatedly (27996 times) transact the amount of 237.62451099999999 Ether to the new child DAO.

The simple high level explanation would be like this;

When you (as a DAO token holder) split from DAO, it creates a new child DAO and pays you back (in a transaction) your share by sending it to the new splitted DAO, (your DAO).

The attacker created a loop (by recursively calling the splitDAO function) caused the DAO paying several times instead of once.

This loop caused the DAO repeatedly (27996 times) transact the amount of 237.62451099999999 Ether to the new child DAO.

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Kobayashi
  • 1.3k
  • 1
  • 9
  • 14

The simple high level explanation would be like this;

When you split from DAO it creates a new child DAO and pays you back (in a transaction) your share by sending it to the new splitted DAO, (yoursyour DAO).

The attacker created a loop (by recursively calling the splitsplitDAO function) caused the DAOthe DAO paying several times instead of once.

CausingThis loop caused the DAO repeatedly (27996 times) transact the amount of 237.62451099999999 Ether to the new child DAO.

The simple high level explanation would be like this;

When you split from DAO it creates a new child DAO and pays you back your share by sending it to the new splitted DAO, (yours).

The attacker created a loop (by recursively calling the split function) caused the DAO paying several times instead of once.

Causing the DAO repeatedly (27996 times) transact the amount of 237.62451099999999 Ether to the new child DAO.

The simple high level explanation would be like this;

When you split from DAO it creates a new child DAO and pays you back (in a transaction) your share by sending it to the new splitted DAO, (your DAO).

The attacker created a loop (by recursively calling the splitDAO function) caused the DAO paying several times instead of once.

This loop caused the DAO repeatedly (27996 times) transact the amount of 237.62451099999999 Ether to the new child DAO.

added 116 characters in body
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Kobayashi
  • 1.3k
  • 1
  • 9
  • 14

The simple high level explanation would be like this;

When you split from DAO it creates a new child DAO and pays you back your share by sending it to the new splitted DAO, (yours).

The attacker created a loop (by recursively calling the split function) caused the DAO paying several times instead of once.

Causing the DAO repeatedly (27996 times) transact the amount of 237.62451099999999 Ether to the new child DAO.

The simple high level explanation would be like this;

When you split from DAO it creates a new child DAO and pays you back your share by sending it to the new splitted DAO, (yours).

The attacker created a loop (by recursively calling the split function) caused the DAO paying several times instead of once.

The simple high level explanation would be like this;

When you split from DAO it creates a new child DAO and pays you back your share by sending it to the new splitted DAO, (yours).

The attacker created a loop (by recursively calling the split function) caused the DAO paying several times instead of once.

Causing the DAO repeatedly (27996 times) transact the amount of 237.62451099999999 Ether to the new child DAO.

Source Link
Kobayashi
  • 1.3k
  • 1
  • 9
  • 14
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