TheDAO - a temporary setback

in #thedao8 years ago

The DAO seemed like a great opportunity and I still don't regret taking the risk to invest in it. Sure it turned out a bit too good to be true but what do you expect?

I am glad of the DAO hack as I believe it will make Ethereum stronger. We keep forgetting ethereum is still BETA. Having these setbacks now is a benefit to the entire blockchain in the long run.

On the Blog of Slock it you can find these dates: keep them in mind if you are planning to trade.

  • First childDAO’s creation period ends: 01.07.2016–16:25:02 CEST
  • First date for ~2000ETH leaving the system: 16.07.2016–17:04:37 CEST (split proposal #8)
  • End of creation time for the DarkDAO: 14.07.2016–05:34:48 CEST
  • First date an attackerDAO can split: 21.07.2016–05:34:48 CEST
  • First date an attackerDAO can withdraw through proposal: 28.07.2016–05:34:48 CEST
  • First date an attackerDAO can withdraw through split proposal: 31.08.2106 05:34:48 CEST

Trading volumes are low. I guess many are waiting for the hard fork to be over with

As of this moment 11:50 am Slock it has posted following message:
"The Devs are hard at work! The Go team, the C++ team, Ethcore (Parity, the Rust client), and even Vitalik himself (Python) are all actively developing, reviewing, and testing the hard fork Client upgrades.
..
This means the last date for a clean hard fork without any exceptions added to the specification is the 16th of July."

references:
Important dates: https://blog.slock.it/proposed-hard-fork-specification-394245b968dd#.tbdp9dcc8
Update Hardfork: https://blog.slock.it/dao-token-holder-update-ed12de7adec4#.8m96q33dt

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Personally loved the idea of the DAO and am a big fan of what Ethereum is about .
However I don't see this fork going in on the 16th . If so then hats off to all that worked the crazy amounts of hours to make it happen . Still have till the 21st .

I upvoted you.

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