ethereum-classic-fork
The chapter discusses the creation of Ethereum Classic as a result of the hard fork following the DAO hack, emphasizing the ideological and technical split from Ethereum.
1 chapter across 1 book
The Cryptopians: Idealism, Greed, Lies, and the Making of the First Big Cryptocurrency Craze (2022)Laura Shin
Chapter 8 chronicles the tumultuous period following the Ethereum DAO hack and the resulting split between Ethereum (ETH) and Ethereum Classic (ETC). It details the community's reactions on social media, the rise of ETC through exchanges and mining activity, the involvement of key figures like Barry Silbert and Charles Hoskinson, and the controversial White Hat hackers' efforts to secure and redistribute siphoned ETC funds. The chapter also highlights ongoing disputes about legitimacy, support, and the ethical implications of the hard fork and the DAO aftermath.