Binance Square
gootschee
8 Posts

gootschee

1 Following
15 Followers
30 Liked
Posts
·
--
#CryptoMeteorShower Catch the crypto meteor shower in honor of #BinanceTurns8! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_RN7CI
#CryptoMeteorShower Catch the crypto meteor shower in honor of #BinanceTurns8! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_RN7CI
#BinanceTurns8 Join the celebration #BinanceTurns8 and win a share of 888 888$ in BNB! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_RN7CI
#BinanceTurns8 Join the celebration #BinanceTurns8 and win a share of 888 888$ in BNB! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_RN7CI
Ethereum almost died in 2016 — and it split the blockchain into two chains. In 2016, the project The DAO based on Ethereum raised $150 million. A month later — a hack. The hacker took 3.6 million ETH (at that time ~$50 million). The community was in panic. What to do? 👥 The community voted for a rollback of the blockchain and a return of funds. But not everyone agreed — Thus, Ethereum (ETH) and Ethereum Classic (ETC) were born. ⸻ 📌 ETH is the result of the “restart”. 📌 ETC is the original, “untouched” chain. ⸻ 💬 Interestingly, Vitalik Buterin was initially against the rollback, but still supported it for the future of the ecosystem. ⸻ ⚠️ This case still causes debates: What is more important — code as law or fairness and security? ⸻ 💬 Would you rollback the blockchain to save funds? Or “code is code”? 👇 Share your opinion in the comments. #Ethereum #ETHvsETC #EthereumNews $ETH $ETC
Ethereum almost died in 2016 — and it split the blockchain into two chains.

In 2016, the project The DAO based on Ethereum raised $150 million.
A month later — a hack. The hacker took 3.6 million ETH (at that time ~$50 million).
The community was in panic. What to do?

👥 The community voted for a rollback of the blockchain and a return of funds.
But not everyone agreed —
Thus, Ethereum (ETH) and Ethereum Classic (ETC) were born.

⸻

📌 ETH is the result of the “restart”.
📌 ETC is the original, “untouched” chain.

⸻

💬 Interestingly, Vitalik Buterin was initially against the rollback, but still supported it for the future of the ecosystem.

⸻

⚠️ This case still causes debates:
What is more important — code as law or fairness and security?

⸻

💬 Would you rollback the blockchain to save funds? Or “code is code”?
👇 Share your opinion in the comments.

#Ethereum #ETHvsETC #EthereumNews
$ETH $ETC
Log in to explore more content
Join global crypto users on Binance Square
⚡️ Get latest and useful information about crypto.
💬 Trusted by the world’s largest crypto exchange.
👍 Discover real insights from verified creators.
Email / Phone number
Sitemap
Cookie Preferences
Platform T&Cs