EPISODE · Jan 15, 2025 · 17 MIN
Why Eth Sucks | Story of the DOA Hack, Hard Fork, and Its very mutable Ledger
from ForrestHODL · host ForrestHODL
In this video I explain the significance of Ethereum's Hand fork when Ethereum classic was created. It was because of a hacker that found a vulnerability in a Decentralized Autonomous organization that was a smart contract on the Ethereum network. The founder convinced the small number of members in charge of this centralized coin within 5 days to reverse the history of the blockchain and ruin all assumption of a very key point of a block chain. The immutability of a ledger. This is when Eth gave up it's battle against Bitcoin as a store of value and secure sound money. Where I buy Bitcoin (Non-KYC options) https://bitcoinwell.com/referral/bitcoinnotcrypto Need help on how to buy btc on Bitcoin well? https://youtu.be/-52aEY3LIFs 15% Stampseed Titatium Seed plates (BEST WAY TO STORE BTC PRIVATE KEYS) https://www.stampseed.com/ USE CODE : BTCNOTCRYPTO15 Join my BTC Discord and book a Free 1on1 call https://discord.gg/PY5tKvAamB Listen to this as a podcast https://podcasters.spotify.com/pod/show/bitcoinnotcrypto Fund my Documentary "The Land of Volcanos and Bitcoin" https://geyser.fund/project/thelandofvolcanosandbitcoin Follow me on Nostr npub1zqm9zant0rxf49wfgw8pt5h0j50cetfes6hwa73u7sxstlzcsz8qh6x9fs Follow on Twitter/X https://x.com/forrestHODL Movies I've made https://amzn.to/3FtVKmr https://amzn.to/3FtVKmr https://amzn.to/3FtkmM6 https://amzn.to/3s43FE8 Alternative Dwelling Documentaries https://youtube.com/playlist?list=PL8TC5LCUPfit4qO8aiIh_iHtC2xFWtIzA
What this episode covers
In this video I explain the significance of Ethereum's Hand fork when Ethereum classic was created. It was because of a hacker that found a vulnerability in a Decentralized Autonomous organization that was a smart contract on the Ethereum network. The founder convinced the small number of members in charge of this centralized coin within 5 days to reverse the history of the blockchain and ruin all assumption of a very key point of a block chain. The immutability of a ledger. This is when Eth gave up it's battle against Bitcoin as a store of value and secure sound money. Where I buy Bitcoin (Non-KYC options) https://bitcoinwell.com/referral/bitcoinnotcrypto Need help on how to buy btc on Bitcoin well? https://youtu.be/-52aEY3LIFs 15% Stampseed Titatium Seed plates (BEST WAY TO STORE BTC PRIVATE KEYS) https://www.stampseed.com/ USE CODE : BTCNOTCRYPTO15 Join my BTC Discord and book a Free 1on1 call https://discord.gg/PY5tKvAamB Listen to this as a podcast https://podcasters.spotify.com/pod/show/bitcoinnotcrypto Fund my Documentary "The Land of Volcanos and Bitcoin" https://geyser.fund/project/thelandofvolcanosandbitcoin Follow me on Nostr npub1zqm9zant0rxf49wfgw8pt5h0j50cetfes6hwa73u7sxstlzcsz8qh6x9fs Follow on Twitter/X https://x.com/forrestHODL Movies I've made https://amzn.to/3FtVKmr https://amzn.to/3FtVKmr https://amzn.to/3FtkmM6 https://amzn.to/3s43FE8 Alternative Dwelling Documentaries https://youtube.com/playlist?list=PL8TC5LCUPfit4qO8aiIh_iHtC2xFWtIzA
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Why Eth Sucks | Story of the DOA Hack, Hard Fork, and Its very mutable Ledger
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