Share this article

Ethereum Creator Vitalik Buterin Addresses 'Classic' Blockchain

Ethereum creator Vitalik Buterin issued new statements today addressing the increasing support for Ethereum Classic.

Updated Sep 11, 2021, 12:23 p.m. Published Jul 26, 2016, 6:51 p.m.
ethereum

Ethereum creator Vitalik Buterin issued new statements today reiterating that the Ethereum Foundation, the non-profit founded to support development work on the ethereum protocol, will support the version of the ethereum blockchain that includes a hard fork meant to enable investors to recover funds lost in the collapse of The DAO.

Founded in June 2014, the Swiss organization (formally called Stiftung Ethereum) has been largely quiet over the last month as the community sought to move forward from the collapse of The DAO, which for a brief time was the platform’s most prominent project, holding at one time $160m in investor capital denominated in ether, ethereum's cryptocurrency.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the The Protocol Newsletter today. See all newsletters

Most immediately, the statements quell uncertainty about whether the Ethereum Foundation would support both the primary ethereum blockchain, as well as Ethereum Classic, a version being maintained with the original transaction history.

Overall, the organization has elected to stand by the informal community voting that lead to the hard fork, executed roughly one week ago, while indicating it would not seek to hinder progress on any alternative ethereum projects, such as Ethereum Classic.

Buterin wrote:

"We recognize that the ethereum code can be used to instantiate other blockchains with the same consensus rules, including testnets, consortium and private chains, clones and spin-offs, and have never been opposed to such instantiations."

Buterin used the remainder of the announcement to discuss how technical users could ensure clients were formatted for use with their desired version of the ethereum blockchain.

Further, Buterin encouraged the Ethereum Classic team to execute an additional hard fork that would guard its blockchain from ‘replay attacks’ by moving classic ethers, or the currency units on the alternative blockchain, to new accounts.

At press time, reaction to the post was mixed, with users largely split over ideological lines that mirrored the larger debate across the ecosystem in recent days.

For example, on reddit, some praised the new clarity from the foundation. Others, by contrast, sought to reiterate support for Ethereum Classic as an implementation of the protocol that best represents the values of the ethereum project as a whole.

Image via ethereum

More For You

Protocol Research: GoPlus Security

GP Basic Image

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

More For You

New React bug that can drain all your tokens is impacting 'thousands of' websites

Hacker sitting in a room

Attackers are using the vulnerability to deploy malware and crypto-mining software, compromising server resources and potentially intercepting wallet interactions on crypto platforms.

What to know:

  • A critical vulnerability in React Server Components, known as React2Shell, is being actively exploited, putting thousands of websites at risk, including crypto platforms.
  • The flaw, CVE-2025-55182, allows remote code execution without authentication and affects React versions 19.0 through 19.2.0.
  • Attackers are using the vulnerability to deploy malware and crypto-mining software, compromising server resources and potentially intercepting wallet interactions on crypto platforms.