The DAO and the hard fork
Funds were taken out of an on-chain investment organization's contract by the rules as written; the community then voted to roll the transfer back, and the ledger split in two.
Watch it happen in “Programmable Money” →Why it happened
- 01合约的规则被完整执行 —— 取走资金的行为并未违反代码。
- 02涉及金额在当时占以太坊生态相当比重，放任不管的后果难以承受。
- 03「代码即法律」当时是共识，但它从未在这种规模上被检验过。
Before · After
Before
Execution results written onto the chain were held to be immutable.
After
Execution results can be overturned by social consensus — at the cost of splitting the chain.
Why it matters
“Code is law” was abandoned at its first real test. Every discussion of on-chain governance since has been measured against this point.
Related entities
Sources
- Level AThe DAO 事件与以太坊硬分叉
Unverified · 分叉区块高度 1920000 的链上记录；基金会同期公告可在其博客归档中检索。