The DAO dao
Overview
The DAO was an early decentralized autonomous organization (DAO) on the Ethereum blockchain, designed as a venture capital fund governed by token holders. Its code contained a vulnerability that was exploited in 2016, leading to a major theft and subsequent Ethereum hard fork that created Ethereum Classic.
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Frequently asked questions
What was The DAO?
The DAO was an early decentralized autonomous organization on the Ethereum blockchain, designed as a venture capital fund governed by token holders.
What happened to The DAO in 2016?
Its code contained a vulnerability that was exploited in 2016, leading to a major theft.
What was the result of The DAO hack?
The hack led to a subsequent Ethereum hard fork that created Ethereum Classic.