The DAO Hack: How a $50 Million Heist Split Ethereum into Two Blockchains
In 2016, the DAO, an ambitious decentralized project, raised over $150 million in Ethereum. However, a hacker found a flaw in its code and stole around $50 million worth of Ether. This caused a major debate in the Ethereum community about how to recover the funds. The solution was a hard fork, which split the blockchain into two: Ethereum (ETH) and Ethereum Classic (ETC). This event became a turning point in the history of blockchain governance.