Ethereum Vs Civil War

Improved Essays
One of the raging civil wars in the cryptocurrency world is Ethereum vs. Ethereum Classic. Similar to the in-fighting with Bitcoin and Bitcoin Cash, this civil war is causing a big divide among the cryptocurrency owners. So, what has caused the rift? Should you be moving away from the original and hedging your bets with Ethereum Classic?

What Happened to Ethereum?

The fallout began with a hack on the integral component that ran on the original Ethereum. There was a significant amount of money in the DAO; as much as $150 million. Then, the huge hack on the DAO began. So huge, in fact, that $50 million went walking as they cleared a third of the DAO pot out.

Even the latest big hacks on cryptocurrencies haven't been as huge as $50 million.

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