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The DAO

The DAO

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Search complete. 3 mentions across 3 episodes found for "The DAO".

Oct 9, 2026

Jack MallersHOST
60:16
I thought this was funny.
Jack MallersHOST
60:19
Way back in the day, guys, if you wanna Google this, there was what's known as the DAO hack.
Jack MallersHOST
60:23
So Ethereum got hacked, uh, and, uh, the founding group, uh, wanted to reverse the hack, uh, which they did successfully.
Jack MallersHOST
60:33
So the non-reversal Ethereum is called Ethereum Classic, but they rolled back the blockchain, undid the mistake.
ChadGUEST
19:35
And there were very few examples of people trying to take decentralized protocol.
ChadGUEST
19:40
I mean, probably the earliest example would be the DAO, right? Ethereum, the DAO hack was a big deal at the time.
ChadGUEST
19:48
Ethereum made a choice to unwind the transaction effectively, you know, fork the chain, blah, blah, blah.
ChadGUEST
19:55
That was an early example.
XardasGUEST
11:58
So what do you do? Do you disclose that you've been hacked? Then have hackers hack all your projects? Or do you not say anything? So there was a big debate in the team.
XardasGUEST
12:10
In the end, the members of the original DAO hack got involved because it was just a year after, so they were still together.
XardasGUEST
12:16
And it was decided that they would hack all the other projects proactively.
XardasGUEST
12:24
The biggest discussion was more like who is going to come out in person because technically you would be a thief.

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