DigixDAO (DGD) will credit the Ethereum Classic (ETC) held within DigixDAO from the Ethereum (ETH) hard fork back to DGD holders.Bittrex users will be credited approximately 0.23255 ETC for each DGD token held in their exchange accounts at ETH block 3,800,000.The block is estimated to occur at approximately 5/31/2017.Bittrex will credit the ETC tokens and enable the market when the smart contract claim process has been completed by Bittrex.The DGD market will be re-enabled and all orders cancelled within 48 hours after ETH block 3,800,000.Note: Bittrex will be closing our DGD wallet and market within two hours of the ETH block 3,800,000 to take accurate snapshots of balances.If your deposits are not settled (e.g.marked as pending) by 5/31/2017, you may not be credited with ETC. Please note that Bittrex will need to wait for the DigixDAO to successfully complete their own snapshot of ETH block 3,800,000 and the deployment of the ETC redemption smart contract.We would like to thank the DigixDAO team for working closely with us.

The DigixDAO team has put out a detailed description of the process: ANN: ETC Refund from DigixDAO — Snapshot Block fixed at #3,800,000https:-36e40cc13e48 /DigixGlobal/etc-redemption/blob/master/guide/GUIDE.md Have more questions?Holders of Ethereum Classic DAO tokens must withdraw by April 15th.Otherwise, their value will vanish.There are still 1,609,982 ETC remaining to be withdrawn from the public “Robin Hood” Ethereum Classic (ETC) contract.After April 15th, this weekend, investors will no longer be entitled to withdraw 0.73 ETC for every 100 DAO tokens held since block 1,919,999.If you are an early investor in the DAO, you could lose out if you don’t take action now.The DAO was an open source “Decentralized Autonomous Organization” by the Jentzsch brothers – a duo involved in the German start-up Slock.it.The aim of the smart contract was to act as a decentralized investment fund and to provide a decentralized business model for traditional venture capital firms.

Despite their initially successful ICO in May 2016, which set the record for the largest crowdfunding campaign ever, the project ended in catastrophe.In June last year, hackers gained access to 3.6 million ETH.At the time, the stolen Ether amounted to over US$50 million, making it one of the largest cryptocurrency heists of all time.The same amount is now worth a staggering US$157,312,800 at today’s prices.The hack caused chaos among the Ethereum community, and eth’s price crashed soon after.In the end, only a few lines of code by the Jentzsch brothers were found to blame, causing extreme embarrassment for the new cryptocurrency while raising questions regarding future Ethereum-based projects.In response to the attack, the majority of Ethereum holders voted for a hardfork in July last year.The hard fork was a manual intervention to restore virtually all funds to the original contract, which could then be withdrawn.Although the purpose of the blockchain fork was to replace the existing token with its forked successor, some vocal critics of the move rejected the fork on philosophical grounds.

They argued Ethereum Classic remains the “original” Ether currency.Everybody who held Ether before the fork held an equal balance of each currency.Both Ether and Ethereum Classic are still actively traded today.Not all of the ETC were drained by the DAO hackers.litecoin hash poolA group, known as the White Hat Group, were quick to drain 7 million ETC and voluntarily offered to refund their share of the drained ETC to the original investors.litecoin mining rig set upThe DAO to ETC smart contract is an Ethereum contract that facilitates the withdrawal.raspberry pi bitcoin nodeA similar contract exists on the Ether chain for DAO to ETH refunds.bitcoin usd bitstamp

So far, 6.7 million ETC has been withdrawn from the contract, which comprises roughly 80% of the total balance.But, only five days remains for original token holders to withdraw their remaining balance as tThe DAO To ETH refund contract does not have an expiry date.The latest DAO refund information can be found here.bitcoin april crash chartAfter the DAO hack in June, Ethereum's development team decided to resolve the situation with a hard fork, creating two separate networks and cryptocurrencies.how many bitcoin nodes existThis controversial move was widely embraced by those who lost money in the attack, but strongly opposed by those who want to save Ethereum's original cryptocurency.Ethereum quickly became the second most valuable cryptocurrency after it’s launch in 2015.While Bitcoin was designed as a Peer to Peer electronic cash system, Ethereum is a Smart Contract and Decentralized Application Platform.

The technology is useful for far more than keeping track of a currency's balances, and Ethereum lets developers build applications without having to build their own blockchain.The Decentralized Autonomous Organization (The DAO) is the most ambitious project leveraging this technology.It's an Ethereum investment fund that intends to back a series of Proposals to create products or services.The DAO Token Holders can then leverage these product or services, or charge others for using them.The DAO was met with tremendous enthusiasm when it launched, with a crowd fund raising in excess of $150 million in Ether contributions.The project was sold on the idea that governance rules are formalized, automated and enforced using software.To the dismay of those involved, that software was flawed.On June 17th, the co-founder of Ethereum, Vitalik Buterin, announced a vulnerability allowing an attacker to drain almost $100 million in Ether contained in the DAO.“Even if no action is taken, the attacker will not be able to withdraw any ether at least for another ~27 days,” Buterin said at the time.

While Ethereum was still safe, and the platforms developers had little to do with The DAO, Ethereum lost half its value overnight.Buterin outlined a solution that gave token holders the ability to recover their ether.The Ethereum foundation turned to the community for the most appropriate protocol change.“The Hard Fork is a delicate topic and the way we see it, no decision is the right one,” states Jeffrey Wilke on the project Blog.“Unfortunately time limits require swift adoption before a protocol change becomes impractical.” The community used carbonvote to answer a simple question.Hard Fork, yes or no?The yes camp won the vote 7:1.On July 20th, Buterin declared the process a success."We would like to congratulate the Ethereum community on a successfully completed hard fork," he said."Block 1920000 contained the execution of an irregular state change which transferred ~12 million ETH," which was roughly the amount that the DAO attacker took from that community."The fork itself took place smoothly," he continued, "with roughly 85% of miners mining on the fork."

Coinbase and Gemini, having added Ethereum trading on their exchanges earlier this year, congratulated the Ethereum team, along with countless Ethereum users across the web.For a while, at least, everything seemed to be looking up, and the price of ETH started climbing.However, not everyone was happy.15 percent of Ethereum miners stayed with the original blockchain, supporting a renamed cryptocurrency, Ethereum Classic (ETC).Zsolt Felföldi, an Ethereum core developer, offered his support over the weekend."It was a shocking experience for me to find out that some people inside the foundation actually support the idea of intervention.""I was definitely not alone with this belief in the Go development team.As it turns out, we were wrong, people still value their sense of justice higher than immutable law of code," Felföldi stated.A new open-source project called Ethereum Classic arose, "The main goal of the project is to ensure survival of the original Ethereum blockchain," the website reads.

"We will strive to provide alternative for people who strongly disagree with DAO bailout and the direction Ethereum Foundation is taking their project.Anyone opting to remain on the original chain should have such opportunity.""Ethereum Foundation responded to DAO debacle in the worst way possible," the site continues."According to (diligently hidden, pro-fork) coin vote on Carbonvote, 19% of ETH holders oppose this hardfork.Also, about 22% of Ethereum miners voted against the previous 'DAO softfork' and would logically oppose hardfork as well.Such a significant minority of stakeholders should not be silenced or intimidated into submission - they should be given a clear choice."The project also had an ace up its' sleeve.There’s a built-in incentive to embrace ETC, "Everyone who had legacy ETH in your wallet pre-fork now has an extra 'bonus': you have the same amount of classic ethers (ETC) on the same address.” Holding onto ETC was one thing, but it couldn’t be bought and sold, until Poloniex added ETC to its exchange.

Within three hours of its launch, ETC had one-tenth the market cap of ETH, and briefly reached parity with the US dollar.As soon as the ability to sell ETC was available, another advantage opened up.Several ETH miners jumped ship in search of higher profits with ETC, and the Ethereum hash rate has been fluctuation between three and five terahashes ever since.If nothing breaks this trend, miners alone could keep ETC alive indefinitely.- Erik Voorhees, ShapeShift.io CEO & Founder With Ethereum mining rigs now dedicated to mining ETH, the new ETC network is less secure, which opens to door to a different attack.Miner and angel investor, Chandler Guo, publicly threatened to 51% attack the Classic blockchain with a large amount of Ethereum mining power.While the ETC pool of miners now contribute far more than Guo's 98 gigahashes, making a 51% attack improbable, tempers have been running high on both sides.Ethereum reporter David Seaman went so far as to call ETC a scam, and "a lame attempt to derail the growth the Ethereum community has enjoyed lately."