The DAO Hack

2016-06-17Culture & Community

An attacker drains 3.6 million ETH (~$50M) from "The DAO" smart contract on Ethereum. The resulting hard fork to reverse the theft splits Ethereum into ETH and ETC — proving that "immutable" blockchains aren't when humans decide otherwise. Bitcoin's refusal to ever roll back transactions looks increasingly wise.

Wikipedia: The DAO

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