Started my day with a 19,500 word article by Ben Yu . So you don't have to (but read it anyway)... here's an important takeaway.
This goes further to my post from yesterday talking about a potential fork in Bitcoin and its implications for us.
Ethereum did indeed hard fork after the DAO hack, and split off into ETH (the current dominant blockchain for ethereum) and ETC (the ‘classic’, or original blockchain for ethereum). As of this time, ETC is worth over $20 a coin — more, in fact, than all of ethereum was worth before the hack. Had I kept my ethereum on Coinbase or another exchange like it at the time of the hard fork, I personally would have lost 5 figures in ETC (at present values) merely because the exchanges wouldn’t give me access to these coins that I rightfully owned.
**Ben Yu