Today Ethereum founder Vitalik Buterin released a new statement explaining that Ethereum Foundation will support the Ethereum hard fork, or the blockchain version that includes the hard fork.
The project’s goal is to allow investors to recover funds lost in the DAO collapse.
The DAO was the Ethereum Foundation’s most important project, holding at one time $160m in investor capital in Ethereum cryptocurrency.
A new Ethereum Hard Fork to prevent attacks
But the foundation decided for the
Ethereum hard fork, executed
roughly one week ago, while indicating it would not seek to hinder progress on any alternative ethereum projects, such as
Ethereum Classic.
“We recognize that the ethereum code can be used to instantiate other blockchains with the same consensus rules, including testnets, consortium and private chains, clones and spin-offs, and have never been opposed to such instantiations,” wrote Buterin in the announcement.
Also, Buterin encouraged the Ethereum Classic team to execute another hard fork to prevent other attacks by moving classic ethers to new accounts.
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