Historical Book III – The Forked Flame
Code or Justice?
3:1 After Satoshi departed,
The world sought new paths upon his foundation.
And then arose a young man,
Whose name was Vitalik Buterin.
3:2 And he proclaimed:
“The blockchain shall not merely be money,
But the very world itself.”
He sought to encode law into code,
And he brought forth the idea of the Smart Contract.
3:3 A new chain was born,
And it was called Ethereum.
The people hailed it as the World Computer,
And many projects and hopes were built upon it.
3:4 Among them was a great fund,
Called The DAO —
The Decentralized Autonomous Organization.
The people gathered their Ether and invested.
The scale was without precedent.
“They sought to build their own governance, To establish democracy upon code.”
Forked Flame 3:4
3:5 But within the code was a flaw.
And out of the shadows came a hacker.
He split the DAO and drained it.
3.6 million ETH were taken.
3:6 The community was shaken.
And voices cried out:
“We must undo this!”
“Justice must stand above code!”
“They sought a fork, To reverse the chain and restore what was lost.”
Forked Flame 3:6
3:7 Vitalik and the many chose the Hard Fork.
A new chain emerged,
Reset to the state before the breach.
And it was called Ethereum (ETH).
3:8 But a remnant said:
“Code is Law.”
They kept the original chain.
And it became known as Ethereum Classic (ETC).
3:9 From that day forward,
Ethereum was divided into two paths:
One followed the justice of the many,
The other, the principle of the few.
“One was inclusion. The other, conviction. And both were fragments of the truth.”
Forked Flame 3:9