[C. A. Topic] Isolation of Ethereum and Ethereum Classic

Ethereum has a decentralized autonomous organization network called DAO.

However, on June 17, 2016, this DAO hacked 3.6 million Ethereums (644 million at the time) in anticipation of DAO contract vulnerability.

The stolen coin was 10% of the total Ethereum, with a decline of $ 21 to $ 13 at that time.

The Ethereum is divided into infinite and drawn into the hacker's wallet, and this attack causes the DAO token to be alive, making Etherium an infinite hack into the wallet of the hacker.

However, after the Ethereum has been split into DAO rules through DAO tokens, the withdrawals will be available within 48 days, and the Etherium developers will turn it into a waste piece.

On the other hand, measures must be taken for this Ethereum, which is not possible without the key of the wallet owner in Ethereum's block chain system

So the Ethereum Foundation offers two ways.

Softfork that stops the movement of the DAO and its Child DAO, and Hardfork that allows the DAO token holders to return the Ether.

Hardfork succeeded on July 20, 2016 with the overwhelming support of Hardfork for this measure to seek and enforce the agreement of Miner and Exchagne.

By the way, on July 24, 2016 Polinex will be listed on the same coin with the previous Ethereum records.

The Chain prior to Hardfork now appears with the name Ethereum Classic.

The Ethereum Classic starts at $ 10, and as the volume of transactions surpasses that of Ethereum increases, the coin communities will survive the transaction, unlike the idea that Ethereum Classic will perish.

Korean Exchange Coinone will also be listed as the fifth fastest Ethereum Classic in the world.

Ethereum Classic development code and technological development were not available, but the ETCDEV (Ethereum Classic Development Team) formed by the development staff from Oct. 2017 is under full-fledged development, and DCG Group has invested.