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white-hat-hackers

White Hat hackers are portrayed as actors who intervened post-DAO hack to secure stolen ETC tokens and attempted to return them, sparking debate within the community.

1 chapter across 1 book

The Cryptopians: Idealism, Greed, Lies, and the Making of the First Big Cryptocurrency Craze (2022)Laura Shin

Chapter 8

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.