![5925b3ced7566.jpg](https://steemitimages.com/DQmPfuN2MX2xzPR9N3qgBV3wjWfu8qukNStaohWe69Pzu3p/5925b3ced7566.jpg) [Image Source](https://fin.guru/uploads/contents/5925b3ced7566.jpg) * NEO (NEO) : Ontology Network Launch + NEO Ecosystem Sharing Session To know more : [Click here](https://www.meetup.com/Onchains-Blockchain-Project-Launch-NEO-Ecosystem-Sharing/events/245101761/?a=socialmedia) * Decred (DCR) : Release of Lightening Network To know more : [Click here](https://cityofzion.io/dapps/1) * Phore (PHR) : Coin burn | Proof in Discord Thread #Announcements To know more : [Click here](https://discord.gg/Aucncz5) * BitBay (BAY) : Release of Web Wallet To know more : [Click here](https://www.reddit.com/r/BitBay/comments/79uwda/looking_for_actual_date_release_in_roadmap/?st=j9tyyeah&sh=ae4479ae) * Qtum (QTUM) : Conference in TechCrunch Shanghai with MNC's like Alibaba, BTCC, etc To know more : [Click here](https://twitter.com/billonariosbtc/status/934525575582150656) * BitShares (BTS) : HardFork To know more : [Click here](https://twitter.com/bitshares/status/925505457619337216) * Monetha (MTH) : Attending Blockchain Summit London To know more : [Click here](http://blockchainsummitlondon.com/) * Aeron (ARN) : Coin burn To know more : [Click here](https://twitter.com/aeron_aero/status/934511698064617475) # ------ ------ https://coinjournal.net/wp-content/uploads/2016/08/Ethereum-Classic.png [Image Source](https://coinjournal.net/wp-content/uploads/2016/08/Ethereum-Classic.png) ## What is Ethereum Classic & Why was it created? Ethereum Classic is an Hardforked/Split coin of Ethereum just as Bitcoin Cash is the split of Bitcoin. Until Block 1920000 both of the blockchains are similar. The hardfork was done to refund the token holders of DAO who were traped in the DAO hack. The DAO Hack has been explained very well in the [website](https://www.mycryptopedia.com/ethereum-classic-explained/) of my friend @bisade make sure to check out his website [mycryptopedia.com](https://www.mycryptopedia.com/) ### The DAO Hack http://infocoin.net/en/wp-content/uploads/2016/06/dao-1024x685-1024x685.png [Image Source](http://infocoin.net/en/wp-content/uploads/2016/06/dao-1024x685-1024x685.png) >The DAO was a smart contract that was intended to function as a kind of decentralized venture capital fund. Using the funds it had raised, The DAO was to invest in promising dapps in the Ethereum eco-system. >In May of 2016, The DAO raised approximately $168 million. However, in the same month, a document was circulated that detailed security vulnerabilities that could be found in The DAO. In the following month, $50 million USD was stolen from The DAO, abusing one of the vulnerabilities that had been raised in May. After some debate, it was decided that the Ethereum blockchain would be hard forked. This allowed the stolen Ether to be moved to a new smart contract that restored funds back to their owners. >Ethereum Classic came into existence when some Ethereum community members rejected the hard fork on philosophical grounds. They argued that a hard fork undermined the notion of an immutable blockchain, and the dictum that ‘code is law’. ‘Code is law’ was part of the terms and conditions first expressed in The DAO, and some community members believed that, regardless of the circumstance, the ‘code is law’ maxim should be adhered to. Because of this, those opposed to the hard fork decided to stay with the original blockchain, labeling it: Ethereum Classic. Ethereum Classic has all the existing features of Ethereum ## DrawBacks of ETC https://blockgeeks.com/wp-content/uploads/2017/06/What-is-Ethereum-Classic-Ethereum-vs-Ethereum-Classic-1.png [Image Source](https://blockgeeks.com/wp-content/uploads/2017/06/What-is-Ethereum-Classic-Ethereum-vs-Ethereum-Classic-1.png) Hardforking is a the most riskiest job in the world of crypto due to the possibilities of Replay attack which can have a big loss for the investors/holders In replay attack if a user sends a coin that transaction can also gets through the other chain which can be signed without requiring the key thus leading to loss of coins for the user and stealing of coins for the hacker