One Month After Ethereum Fork, Millions in DAO Funds Unclaimed

in #steemit8 years ago

 It's now been one month since a hard fork of the ethereum blockchain resulted in 11.6m ether being moved to an account with one function: withdraw.

At the time, that was about $145m worth of the digital currency just waiting for former investors, and within hours of its creation, nearly half of those funds had been claimed.

Today, however, the rate of withdrawal has come to a near standstill.

Over the last week, the withdrawal account's balance has dropped from 2.39m ETH to just 2.29m ETH today. At today's rate, that leaves more than $25.9m worth of ether still unclaimed.


 

You can read more here:
http://www.coindesk.com/25-million-of-dao-ether-still-remain-one-month-after-hard-fork/

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No one ever wishes to pick up the bastard step-son of Ethereum after a hard fork!

I agree. I'll stick to my STEEM and Bitbars for now. Danke!

I think businesses are shying away from Ethereum after the hard fork - rightly so. Businesses need stability before investing their millions.

p.s. STEEM and BTB RULE!!

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