In July, after TheDAO crisis,
Ethereum developers decided to roll back the blockchain to prevent the leak of funds from the compromised network.
EIP 867 looks to establish an easier process for recovering lost funds via software changes — a controversial topic that stems back to The DAO hack in 2016, when
ethereum developers decided to reverse transactions in order to give victims their funds back.
Not exact matches
Ethereum Classic (ETC) is a fork of
Ethereum (ETH) that came about as a result of the way the
developers and community behind
Ethereum decide to handle the DAO attack.
Throughout the controversial arguments between
developers, miners, and organizations,
Ethereum Classic remained unflustered, stating, «let the community
decide which blockchain has integrity, let this be proof for future cryptos not to mess with the chain.»
Thus, the
developers decided to perform a hard fork, resulting in
Ethereum Classic.
Not long after,
developers of this crypto coin
decided to split it to give way to
Ethereum's first hard fork,
Ethereum Classic.
The
developer community behind
Ethereum decided that allowing the use of such hardware defies the ideology behind cryptocurrencies that they aim to empower individuals.
Former Bitcoin Core
developer Jeff Garzik and
Ethereum co-founder Vitalik Buterin particularly stated that proposed soft forks have to undergo a majority consensus among Bitcoin Core
developers that ultimately
decide whether a soft fork becomes implemented into the BItcoin network.