Recently, there's been a noteworthy influx of fresh investors into the crypto realm, drawing a substantial amount of new funds in just a few days. цена биткоина just surged up to $19,000 USD for a split moment before a reasonable retrace back to $16,000 just goes to show that the FOMO («страх упустить выгоду») настал.
What's typically a new investor's first move after snagging some BTC? They begin exploring the plethora of intriguing cryptocurrencies out there. которые доступны.
И поскольку Эфириум Ether (ETH) is presently regarded as the second-most significant crypto asset by market value, trailing only behind Bitcoin. It's a prime choice for newcomers eager to discover unique possibilities.
Обычная трудность для новичков в Эфириуме However, understanding the contrast between Ethereum and Ethereum Classic?
For those unfamiliar with the space, it's a recurring area of confusion. To clear things up, let's delve into an expedited crypto history of ETH versus ETC.
Рождение Эфириума
According to Wikipedia's helpful definition, Ethereum is an “open-source public на основе блокчейн decentralized computing platform supporting smart contracts (scripting functionalities). .»
After coalescing around Ethereum founder Vitalik Buterin, the ETH blockchain saw its inaugural launch in 2015.
Envisioned as a decentralized computer network, the Ethereum Virtual Machine afforded developers the liberty to craft various platforms and dapps. This ecosystem runs on ether, or ETH as traders prefer to call this cryptocurrency. In essence, ether operates akin to programmable currency.
Think of ETH as the “digital oil” to Bitcoin’s “digital gold,” with ether fueling Ethereum's remarkable smart contract prowess.
Initially, the project took off quite successfully. What followed, however, was less promising.
Рождение DAO
DAO refers to decentralized autonomous organizations. While Ethereum laid the groundwork for DAOs, acting as autonomous communities bound by shared rules, DAO the infamous 'The DAO Hack' remains one of Ethereum's earliest calamities.
Now, it's simply known as 'The DAO Hack.' While DAOs have potential to provide incredible value, this early example caused a great deal of unrest in the budding crypto landscape.
Вот как все начиналось.
A community-driven decentralized investment DAO was established. Members could commit their ETH to its smart contract, which, in turn, managed those assets securely for shared projects.
The fund gained traction, with a remarkable influx of contributors starting in Spring 2016. Before the hacking occurred, over 11,000 users participated in the DAO, accumulating a fund exceeding $150 million at its zenith.
А затем это произошло.
The DAO Incident: A Catalyst for Change
During the summer of 2016, pertinent programming defects in the DAO's code came to light, хакер ударил culminating in a previously unidentified hacker exploiting these faults on June 17th, seizing 3.6 million ETH out of the 11.5 million within the fund.
In examining the fallout, it's clear the scale was devastating. The attacker compromised over 14 percent of then-existing ether. As the magnitude of the disaster set in, there were whispers whether Ethereum had been irreparably damaged, leading to a drastic price drop.
In response, Vitalik Buterin and his Ethereum team immediately convened to strategize a resolution for the community’s future.
The Hard Fork: A Vital Decision Amid Heated Debate
The chosen path? A hard fork.
Unfamiliar with a 'hard fork'? Picture it as a blockchain dividing into two distinct paths.
The strategy for the DAO hard fork involved nullifying the attacker's Ethereum chain, allowing the community to transition to a new chain. This would ensure the hacked ETH would be replaced by equivalent DAO tokens for those wronged.
The downside? The apprehension of some community members who felt this deviation from 'code is law' was blasphemous. Thus, those dissenters pledged allegiance to the original chain, now christened “Ethereum Classic.” Эфириум Классик » цепь.
For clarity, let’s elucidate one more time.
After the DAO incident, Buterin and much of the community opted for the unscathed ETH chain. Those opposed to the fork stayed put, supporting the rebranded “Ethereum Classic,” also known as ETC.
Hence, when you encounter ‘Ethereum’ in discussions or media, it predominantly signifies the renewed supreme chain. Discussions about 'Ethereum Classic' or ETC are clarified distinctively in crypto conversations.
Так что насчет самих DAO
Состояние DAO … сильное.
Considerable changes have ensued since the DAO hacking. Addressed vulnerabilities ensure there is no immediate fear now.
Decentralized autonomous organizations, presently revolutionary societal structures, hold the promise of significantly altering governance, enhancing interactions across numerous domains.
Действительно, как отметил TechCrunch Reflecting on last year, DAOs symbolize major shifts in economic structuring, extending impacts to political and administrative arenas. There's much to anticipate in these advancements.
The Split's Politics Remain Contentious
The split persists in debate, reignited by the Parity wallet hack weeks ago, this time involving flaws within Parity's codebase. Despite the outcry for resolution, the Ethereum Foundation resolutely dismissed any suggestion of another hard fork.
Unquestionably, the Foundation is weary of enduring another torrid political dispute. The ETH vs. ETC fork equated to their proverbial “Get Out Of Jail Free” card.
Will Ethereum Classic achieve substantial stature? It's uncertain. Though Ethereum stands as a groundbreaking force, Ethereum Classic boasts derivative innovation possibilities.
The pertinent question is this: if Ethereum's ubiquitous, will Ethereum Classic eventually fade into antiquity?
Perhaps, or perhaps not. Predicting whether ETC will persevere is tricky. While still surviving, it's unlikely to surpass ETH without an unexpected stroke of fortune—practically unimaginable currently.
2Comments
Breaking a cardinal rule makes succumbing to similar temptations harder to resist thereafter. Betray once, and shame is on the betrayer. Trust is paramount. I don't foresee Ethereum vanishing, but believe the quest for honesty could empower Ethereum Classic if a breach arises, rendering fierce rivalry between the currencies—only the fittest surviving. I remain convinced both will endure, and not as trivial gimmicks. Best to both sides.
Yes, without the hard fork following the DAO hack, many may have suffered extensive losses. Yet with it went ETH’s praised unchangeable nature.
While it’s matured since, questions linger on ETH’s central authority led by Buterin—and what they might reexamine if future dilemmas arise.