Proof of Stake - Stories Behind Crypto

The Ethereum Heist: The Hack That Split a Blockchain in Two


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In 2016, a mysterious attacker siphoned $60 million in Ether from The DAO—a revolutionary decentralized investment fund. What followed was a moment of reckoning for Ethereum: Should they stand by the code, or rewrite history to save the network?

This is the story of the biggest hack in Ethereum’s early history—how it happened, the ideological war it unleashed, and the controversial fork that created two rival chains: Ethereum and Ethereum Classic.

Was the hacker a thief—or just following the rules of the code? And what does this crisis reveal about the limits of decentralization?

In this episode, we take you inside the smart contract that cracked open crypto’s biggest debate: code is law… or is it?

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Proof of Stake - Stories Behind CryptoBy Richard Enlow