SleepyTom on Nostr: Ch. 10: The DAO -summer of 2016 the Decentralized Autonomous Organization gains ...

Ch. 10: The DAO

-summer of 2016 the Decentralized Autonomous Organization gains attention. Smart contact built on ETH fancied add an autonomous investment fund.
-DAO raises over 150 mil then gets hacked
Eventually ETH hardforks to recover funds (creating ETH Classic)
-this split gives lesson on what could happen to Bitcoin if hardforked.