CARD • Epic

The DAO Hack

The DAO Hack
Rarity
Epic
Year
2016
Collection
Base Hockey Cards

Summary

A vulnerability in The DAO smart contract led to the theft of 3.6 million ETH, triggering a controversial hard fork that split Ethereum into ETH and ETC.

Timeline

  • 2016-04
    The DAO is launched as a decentralized venture fund on Ethereum.
  • 2016-06-17
    An exploit drains ~3.6 million ETH into a child DAO.
  • 2016-07-20
    Ethereum community hard forks to restore stolen funds, creating Ethereum Classic (ETC).

Sources