Ethereum turns 5! (7/8)

Ethereum has spent most of it’s existence as number #2 to Bitcoin and it doesn’t look to be slowing down anytime soon.

It wasn’t always bright skies for Ethereum; back in 2016 a hacker found a loophole in the coding of Ethereum’s DAO project, stealing 70 million worth of funds(at the time). To make the DAO victims whole, Ethereum hard forked and rolled back the funds to the original holders. Most crypto-purists aren’t fans of hard forks, which, along with other things led to the end of the DAO.

That being said, Ethereum has seen massive success since launching in 2015, we know thing of it as a household name. It’s basically a blue chip at this point. 

In 2020 Ethereum turned 5!


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