Troubles of Ethereum Continue, With Final Solution Still Not In View
Since the June 17 attack on the DAO, the Ethereum Network has not remained the same. Evident in this scenario is the falling price of the network’s cryptocurrency, Ether. Soft fork. Speaking during the Dutch Blockchain conference, Gavin Wood, co-Founder of Ethereum said: “Assuming no further security issues, stolen Ether will remain illiquid for 39days. Then it will be completely fungible and may be exchanged or sold”. Wood outlines the three possible options available for the Ethereum community in handling the DAO attack: Do Nothing: By taking this approach, Wood says that most of the....
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