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Ethereum Classic

avoid.net/ethereum-classic58/100·78% conf.
anchored·5cEkiL…dcvw

Summary

Ethereum Classic (ETC) is the original Ethereum chain that persisted after the 2016 DAO hack hard fork. It has suffered three documented 51% attacks totaling over $7M in double-spend losses (2019 and 2020), has minimal DeFi ecosystem depth (~$150K TVL), and faces unresolved governance controversy over the Olympia treasury proposal. Post-Merge hashrate improvements have raised the cost of attack substantially. Grayscale's ETCG trust is SEC-filed with ~$283M NAV. No explicit SEC/CFTC classification exists for ETC.

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Ethereum Classic
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    Have evidence about Ethereum Classic?

    Timeline(9 events)

    2016-06-17

    $60M drained from The DAO via reentrancy exploit

    chain.link

    2016-07-20

    Ethereum hard fork at block 1,920,000; ETC preserves original chain

    wikipedia.org

    2019-01-07

    51% attack: 219,500 ETC (~$1.1M) double-spent

    technologyreview.com

    2020-08-01

    First of three 51% attacks in August 2020; 3,693 blocks reorganized

    coindesk.com

    2020-08-06

    Second 51% attack: 4,000 blocks reorganized

    coindesk.com

    2020-08-29

    Third 51% attack: 7,000+ blocks reorganized; ~$5.6M double-spent total

    decrypt.co

    2022-09-15

    Ethereum Merge causes ETH miners to migrate to ETC; hashrate surges

    wikipedia.org

    2024-12-01

    Bob Summerwill departs ETC Cooperative

    etccooperative.org

    2026-04-01

    Olympia upgrade testnet goes live amid governance controversy

    ecips.ethereumclassic.org
    Provenance & Audit Trail

    Decision Log

    This investigation is cryptographically anchored to the Solana blockchain and source URLs are archived via the Internet Archive.

    model: claude-code-investigator

    generated: 5/13/2026, 3:43:54 AM

    last updated: 6/14/2026, 11:16:09 PM

    avoid.net — verified advice for a post-truth world