Crypto Stories #3: The Hack That Created Ethereum Classic! ⚡️
In 2016, Ethereum was at the center of a huge scandal with The DAO, a decentralized investment fund.
A hacker exploited a flaw in the code and siphoned off 3.6 million ETH, equivalent to about 50 million dollars at the time.
But here’s the interesting anecdote: rather than letting the attack ruin the platform, the Ethereum community decided to do a hard fork, recovering the stolen funds and saving thousands of investors.
This event divided the community, giving birth to Ethereum Classic (ETC), which follows the original blockchain without a fork.
👉 A unique story where a bug caused a historic split in the crypto universe, while showcasing the power of community governance.
💡 Want to discover more unusual anecdotes that have marked crypto?
➡️ Subscribe to my account to not miss anything!