Ethereum hardfork will likely happen on the July 20th

in #dao8 years ago (edited)

Parity and Geth have a date for the hard-fork

Hello,

Both clients, Parity and Geth have a hard-fork implementation for The DAO now, which is not yet released but can be expected soon.

Both set the date of the hardfork to Block number 1 922 000.

This will be shortly before the 21.07., which is the date in which the attacker can split (See the important deadlines in this post by Christoph Jentzsch).

What does this mean for other clients?

Other clients like pyethereum, or libethereum already started their implementations of the hard-fork, so it is certain that they will release a new version including the hardfork with the same date.

What does this mean for me as token holder?

The funds of the whitehat DAOs and blackhat DAO will be moved to a withdrawal contract, in which one will be able to withdraw his or her share of Ether.
Yet this means that innocent child-DAOs will not be included. People that split in such a child-DAO before the attack would need to do a regular split, this affects ~ 34,000 Ether. People who split after the attack, the best thing is to join the slack and join the #child_dao_community channel for further coordination.
Also the extraBalance cannot be repaid to the people who bought at higher rates than 100:1, since the tradability of the DAO token makes it more or less impossible to calculate who paid an extra amount. It is yet not defined what exactly should be done with these funds.

What do I have to do as a token holder?

At this moment there is not much more to do than waiting a bit longer and wait for the updated clients.

We hope this solves most of your questions, if not, please join the slack or ask your question here or in the daohub forum.

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