Cryptocurrency Q&A
When did Ethereum split?
When did Ethereum split?
Alessandra
Fri Jan 24 2025
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5
answers
1065
Ethereum, a leading blockchain platform, underwent a significant split or hard fork in its history. This event, aimed at improving the network's functionality and scalability, took place on a specific date, marking a notable milestone in the development of the Ethereum network.
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5 answers
LitecoinLodestar
Sun Jan 26 2025
The decision that followed resulted in the splitting of the original Ethereum blockchain. Two distinct chains emerged, reflecting the divergence in opinions among users.
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JamesBrown
Sun Jan 26 2025
A substantial portion of the Ethereum community opted to revert the hack. They aimed to restore the stolen funds and maintain the integrity of the blockchain. This faction continued on the modified chain.
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mia_anderson_painter
Sun Jan 26 2025
Ethereum Classic traces its origins back to a pivotal event in 2016. This occurred when the decentralized autonomous organization (DAO), leveraging smart contracts on the Ethereum blockchain, faced a devastating hack.
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FantasylitElation
Sun Jan 26 2025
On the other hand, Ethereum Classic emerged as the chain that upheld the original, immutable nature of blockchain technology. It rejected the reversal and stood as a testament to the decentralized principles that underpin blockchain.
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SoulStorm
Sun Jan 26 2025
The consequences of this breach were profound. The hack led to a significant division within the Ethereum community. Amidst heated debates and differing opinions, a critical decision had to be made.
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