Why did the Ethereum community split into Ethereum and Ethereum Classic?
Asked 4 years ago
As DeFi platforms, and Ethereum in particular, play such a major role in my daily work, I'm very interested in learning more about DeFi history. What I know is that the Ethereum community was going strong in 2016, but then suddenly there was a split into the Ethereum blockchain and the earlier version - Ethereum Classic. But can anyone please explain why this split occurred? It seems strange to me that this would happen. Thanks in advance.
Erich Santana
Friday, April 22, 2022
Ethereum Classic (ETC) was created out of a philosophical and ethical disagreement in the Ethereum community that aggravates controversy till today. In 2016, a major cyber security attack targeted a third-party app running on the Ethereum (ETH) network, resulting in the theft of 3.6 million Ether (ETH). In response, the Ethereum network went through a hard fork, in essence, to reverse the stolen funds to their original owners.
Contrary, some minority users who were against a hard fork kept using the original ledger to preserve a 100% immutable ledger. Basically, the two blockchains differed in only one way: one maintained the record of the hack and the stolen funds, while the other created a new ledger devoid of the hacked record. The unchanged blockchain became the Ethereum Classic, while the new fork maintained the Ethereum blockchain name.
Please follow our Community Guidelines
Related Articles

USDC vs. DAI: Which Is the Safer Stablecoin?
Filip Dimkovski
July 20, 2022

6 Best NFT Marketplaces to Invest in Right Now (2022)
Marcel Deer
September 26, 2022

5 Ways DAO Smart Contracts Benefit NFTs
Filip Dimkovski
November 24, 2022
Related Posts
Anderson Ezie
How Ethereum is Changing the Crypto Narrative
Filip Dimkovski
Akropolis Explained: Features, Pros & Cons, and More
Filip Dimkovski
3 Best DeFi Projects to Watch Out for in 2022
Filip Dimkovski
Are Smart Contracts Legally Binding?
Marcel Deer
Step-By-Step Guide: How to Start a DAO
Filip Dimkovski
Key Features of DeFi Explained
Josiah Makori
Why Is DeFi Based on Ethereum Network?
Can't find what you're looking for?