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Ethereum, A Classic Tale of Two Chains

4,945 views · Published 25 July 2016 · 41:00 · Indexed 25 October 2026

Channel: World Crypto Network · 2016 · Entertainment

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I just wanted to elaborate on a few things that have been said on Twitter. Here is a link orgy from the latest Ethereum fiasco:

Checkout Ethereum Classic Subreddit:
https://www.reddit.com/r/EthereumClassic/

Whale Panda explains:
https://steemit.com/cryptocurrency/@whalepanda/what-happened-with-ethereum-usdeth-and-ethereum-classic-usdetc

theDAO Terms:
https://twitter.com/MrChrisEllis/status/757276325522604032

Vitalik Supports Hard Fork:
https://www.reddit.com/r/ethereum/comments/4ro2p9/options_in_the_hard_fork_slockit_blog/d52oizp?context=3&st=ir299mnr&sh=f986dc27

V explains his position on the fork:
https://www.reddit.com/r/ethereum/comments/4pgf03/fork_call_for_ethereum_governance_rules/d4kovuo?context=3&st=ir29b3iu&sh=5e3962d1

In 2015 Vitalik explains a consortium:
https://blog.ethereum.org/2015/08/07/on-public-and-private-blockchains/

Vitalik updates the Ethereum Wiki to include: Consortium Chain Development
https://github.com/ethereum/wiki/wiki/Consortium-Chain-Development

See some of the commits:
https://github.com/vbuterin?tab=activity
https://github.com/ethereum/wiki/wiki/Consortium-Chain-Development/_compare/8428544%5E...8428544

Ethereum Inventor: We Got ‘Very Lucky’ In Gamble to Save $56M From Hacker
http://motherboard.vice.com/read/ethereum-56m-hacker-the-dao-vitalik-buterin-hard-fork

Christoph Jentzsch: What an accomplishment! https://blog.slock.it/what-an-accomplishment-3e7ddea8b91d#.xfvfm7i3v
"Although some do question the analogy “code is law”. I do not. We just found out that we have a supreme court, the community!"

Bitfinex Announcement:
https://www.bitfinex.com/posts/118

V Buterin: https://www.reddit.com/r/ethereum/comments/4udq75/joint_statement_from_digix_and_maker_regarding/d5p2ahp?st=ir25dou5&sh=baf4da53
"Thanks for your continued support of the Ethereum ecosystem and community, despite your earlier (totally understandable and reasonable) stance in opposition to the fork. Look forward to continuing to work together to build great technology."

https://www.reddit.com/r/ethereum/comments/4tolda/vlad_zamfir_the_dao_hard_fork_and_the_negotiation/d5ku85q?context=3&st=ir24870u&sh=a0c43125
Yep, good response. My personal position is that bitcoin's social contract was ambiguous (some people clearly thought 1-mb-at-all-costs was part of it

V, Personal statement regarding the fork:
https://www.reddit.com/r/ethereum/comments/4oj7ql/personal_statement_regarding_the_fork/?st=ir24x5ic&sh=95b2c800

Options in the hard fork, V:
https://www.reddit.com/r/ethereum/comments/4ro2p9/options_in_the_hard_fork_slockit_blog/d52oizp?st=ir254obf&sh=9b8bc3e7

"@junseth I will provide my opinion in the way that @Truthcoin would approve of: I have been buying DAO tokens since the security news"
https://twitter.com/VitalikButerin/status/741832934814949377

Erik and Shapeshift considering adding ETC:
https://twitter.com/ErikVoorhees/status/757290185893699585

Ethereum Developer Gavin Wood adding support for ETC https://twitter.com/gavofyork/status/757197495801880576

Charlie Lee (founder for Litecoin, Engineer at Coinbase: https://twitter.com/SatoshiLite/status/757377362677764096
I heard this in chat: ETC stands for Execute The Code and ETH stands for Execute The Heist. I can't say I disagree. :D

Zsolt Felföldi, Ethereum Developer: A Tale Of Two Chains
https://decentralize.today/a-tale-of-two-chains-3f6d58a9df4a#.awyh85jec
"but let’s make it clear that we (the Ethereum developers) have never abandoned it. We never forked the chain. We have implemented a switch in our client to give users a choice to fork if they want to and that’s all."

Leaked chatroom document: http://pastebin.com/aMKwQcHR

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