🧵This is what you didn't know about $ETH

Huge $60M scam || Emergence of $ETC || Blockchain rollback

All of this was real

:How ETH almost disappeared forever ? ↓

Alpha Hunter || DeFi and Airdrop researcher || Influencer

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2016. ETH just got a huge hype and recognition from the community

The team of a new startup decides to merge with ethereum and create The DAO

Everyone could exchange their $ETH for DAO tokens and participate in the management of the DAO

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17th June 2016 9 AM. 
An event happened that changed the crypto industry forever

A hacker using a “child DAO” took $60M users off the record 

he used the splitDAO function and constantly sent requests to get tokens

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But experienced coders soon noticed a critical problem in the code

It could have destroyed The DAO.

But the funders responded that there was no problem and the code was written without errors

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The project is becoming a huge success !

They raised $100M instead of $20M as planned.
$12.7M $ETH at the time.

Everyone is shocked by the incredible success and no one could have predicted the disaster