Ch. 10: The DAO
-summer of 2016 the Decentralized Autonomous Organization gains attention. Smart contact built on ETH fancied add an autonomous investment fund.
-DAO raises over 150 mil then gets hacked
Eventually ETH hardforks to recover funds (creating ETH Classic)
-this split gives lesson on what could happen to Bitcoin if hardforked.
SleepyTom / SleepyTom
npub13a…qe44j
2023-03-05 17:00:02
in reply to nevent1q…e5pq
Author Public Key
npub13ax4g9yjsau5zakn8prhy7xgvszmte5a0km534uv3ygrttg4gtzscqe44jPublished at
2023-03-05 17:00:02Event JSON
{
"id": "fd8d872c72da13112f7c73dfdcfa13d20383f32ef158ac56b212d1cdf37c3802",
"pubkey": "8f4d54149287794176d338477278c86405b5e69d7db748d78c891035ad1542c5",
"created_at": 1678035602,
"kind": 1,
"tags": [
[
"e",
"24421feedd34d28f0af5cf2481180a4fcaa13b998557b5381b4cb612ae630273"
],
[
"p",
"8f4d54149287794176d338477278c86405b5e69d7db748d78c891035ad1542c5"
]
],
"content": "Ch. 10: The DAO\n\n-summer of 2016 the Decentralized Autonomous Organization gains attention. Smart contact built on ETH fancied add an autonomous investment fund.\n-DAO raises over 150 mil then gets hacked\nEventually ETH hardforks to recover funds (creating ETH Classic)\n-this split gives lesson on what could happen to Bitcoin if hardforked.",
"sig": "9171852bbf4a5d7054c85116e8cbcf5cd36d8748cbbcf4cc03d08305ef34969b71df83ae9a4ce0521deec09d061f2c2dfe11a90e829145ab375ff8efa2621120"
}