Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Ethereum Forum => Ethereum Classic => Topic started by: troll on October 28, 2017, 06:20:50 PM

Title: Why did Ethereum and Ethereum Classic split?
Post by: troll on October 28, 2017, 06:20:50 PM

The DAO hack happened:
an experiment on Ethereum called DAO (Decentralized Autonomous Organization) went horribly wrong and many investors lost a lot of Ether: estimated around 15% of ETH in circulation at the time. More specifically, it was hacked. The exploit was not on Ethereum, but rather the DAO which was built on top of Ethereum.

The ethereum developers just wanted to reverse the huge hack, it was accepted by consensus, but a small group wanted to retain it as it was before the hack, as they “believe it goes against their core values”, hence the fork (or split)

Title: Re: Why did Ethereum and Ethereum Classic split?
Post by: marvel21 on November 14, 2017, 10:37:45 PM

This can happen with every coin. If the developers quarrel, then this will suffer the coin and its value. And this means that it will lose users

Title: Re: Why did Ethereum and Ethereum Classic split?
Post by: bitelliotZOOM on November 15, 2017, 08:40:38 PM

I wonder what would have happened to the coin, if it had not split? Would it be expensive or not?

Title: Re: Why did Ethereum and Ethereum Classic split?
Post by: cryptolab on November 16, 2017, 06:10:08 AM

May i know which one is the original ETH? is it the now ETH or the ETH classic?

Title: Re: Why did Ethereum and Ethereum Classic split?
Post by: Hermes Mercury on November 20, 2017, 06:14:39 PM

everything about politics between them,

Title: Re: Why did Ethereum and Ethereum Classic split?
Post by: Delilonia on November 21, 2017, 02:26:46 PM

Can anybody tell me what the fate of ethereum classic could be thereof..will it stand or not?