Episode Details

Ethereum Classic veteran Bob Summerwill retells the DAO hack from inside the Foundation, explains why forks are features, and shares advice for Paul Sztorc's ecash launch, plus FIFA stories and lost ETH. Time stamps: 00:47 - Welcome to S17 E42: Fork Season Begins 01:26 - Bob Summerwill & the DAO Hack Origin Story 03:11 - Slock.it, Smart Locks & the First DAO 07:03 - Child DAOs and the "Risk-Free" Pitch 10:04 - Bob's Reservations: Legal Liability & Randos Voting With Money 13:27 - The Reentrancy Bug: 14% of the Supply Drained 16:14 - Code Is Law vs. Bailout: The Great Schism 19:42 - Hoskinson's "Two Ethereums From the Start" 26:25 - "Can You Guys Please Stop Trading?" 26:44 - The Irregular State Transition (It Was Not a Rollback) 30:10 - The Hacker Threatens Legal Action 34:08 - The Vote & Activation Day 37:22 - Ethereum Classic: The First Minority Chain to Survive 41:34 - Forking Is Part of Nakamoto Consensus 42:19 - Sal, Donald McIntyre & the Cypherpunks of ETC 43:22 - Barry Silbert, Grayscale & the ETC Cooperative 46:26 - The Weird Roommate Theory of Forks 50:00 - Why Ethereum Classic Didn't Win 56:17 - Bitcoin Cash, Dormant Coins & Grassroots Adoption 57:35 - Vlad's "Many Bitcoins" Theory & the Accidental 21 Million 01:00:13 - Voluntary Consensus & the Little Dictators 01:04:37 - The Blake Fork (BIP 110) & the Node Democracy LARP 01:07:01 - Paul Sztorc's Ecash: The Maximalist Hard Fork 01:09:47 - BitVM, Rollups & Bitcoin's Missing Layer Twos 01:13:17 - Connection Trouble & the Speed of Light 01:14:03 - Sponsors: SideShift, Ecash, Orange Rock, Braiins, Cake Wallet 01:18:18 - Giveaway Reveal: The Number Is 96 01:19:28 - Why the Best Technology Doesn't Win 01:22:50 - Tether on Tron: The Joke That Worked 01:26:07 - Tron's Plagiarized Whitepaper & the Web 4 Roadmap 01:29:04 - NEO, EOS, NEM & the $4 Billion ICO 01:33:41 - Ultrasound Money & the EIP-1559 Burn 01:37:18 - The Prague Photographer's Lament 01:40:08 - Bob's Origin Story: Gold Bugs & the Alex Jones Phase 01:44:53 - El Salvador's Quiet Bitcoin Regression 01:48:07 - Meeting Bitcoin in a Pub (February 2014) 01:54:44 - Bitcoin 2.0: BitShares, Counterparty, Mastercoin, NXT 01:57:48 - Toronto, TD Securities & Joining the Ethereum Foundation 02:02:06 - Michael Ruppert's Collapse & Choosing to Build 02:06:24 - Self-Driving Cars & Assassination Markets 02:10:02 - Does Ecash Feel Like Early Ethereum? 02:13:53 - Will Bitcoin Ever Fork Again? 02:19:24 - WBTC: Ethereum Is Bitcoin's Biggest Sidechain 02:21:48 - The Self-Custody Industrial Complex 02:23:52 - Zcash, Monero & Tachyon 02:27:38 - "Everything Is an Experiment" 02:30:46 - The Block Size Wars Counterfactual 02:35:52 - Ethereum PoW: Anatomy of a Cash Grab 02:41:26 - ETC Labs, DFG & the Sabotage of ETC Dev 02:45:27 - Could ETC Have Flipped ETH? 02:49:07 - Bob's Advice for Paul Sztorc 02:55:50 - The EA Years: Psygnosis, Wipeout & Harry Potter 03:01:56 - "None of Us Play FIFA": Confronting the Chairman 03:12:22 - Fixing FIFA: The Seven-Year Turnaround 03:21:02 - FIFA Nostalgia & Vlad's Prodigy Brother 03:24:12 - The Notorious Wii U Tweet 03:26:37 - Professional Chaos Agent? Proof of Work Summit Stories 03:32:24 - Charlie Shrem's Time Zone & Nick Spanos Ghosting 03:35:51 - Advice to 2015 Bob: The Lost ETH Fortune 03:38:00 - Remembering Donald McIntyre 03:41:06 - The Nick Szabo Interview That Almost Happened 03:43:38 - Vitalik, Autism & Genius 03:47:08 - Early Days of Ethereum & the Ethereum Time Machine 03:58:36 - "You Got to Try" & Where to Follow Bob 03:59:22 - Outro & Sponsors