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What date did Ethereum and Classic fork? A detailed history

What date did Ethereum and Classic fork? A detailed history

Discover the key dates and events that led to the Ethereum and Ethereum Classic fork.
2024-05-25 05:43:00
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Are you curious about the history of the Ethereum and Ethereum Classic fork? Let's take a trip down memory lane and explore the key dates and events that shaped the split between the two cryptocurrencies.

It all started on July 20, 2016, when the Ethereum community faced a major decision after the DAO attack. The attack resulted in the loss of millions of dollars worth of Ether, prompting a controversial hard fork to reverse the transactions. This decision led to the creation of two separate blockchains - Ethereum (ETH) and Ethereum Classic (ETC). While Ethereum continued with the updated blockchain, Ethereum Classic stuck with the original chain.

The split sparked debates and controversies in the crypto community, with supporters of both chains defending their beliefs. Fast forward to October 25, 2016, and the Ethereum network implemented the Byzantium hard fork, further differentiating itself from Ethereum Classic. Despite the split, both chains have continued to evolve independently, with their respective communities growing and thriving. 

Whether you're a crypto enthusiast or simply interested in the history of blockchain technology, the Ethereum and Ethereum Classic fork remains a significant event to study and learn from.

The content above has been sourced from the internet and generated using AI. For high-quality content, please visit Bitget Academy.
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