
Ethereum and Cryptocurrency (Interview)
The Changelog: Software Development, Open Source
00:00
The DAO Incident: A Turning Point in Blockchain Governance
This chapter explores the tumultuous events surrounding the DAO incident, where a significant investment of $150 million was compromised due to a re-entry bug in its smart contract. It discusses the ensuing crisis, the emergence of the White Hat Group, and the challenges of decentralized decision-making within the Ethereum community. The conversation reflects on the broader implications for trust, governance, and ethical considerations in the rapidly evolving landscape of decentralized finance.
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