DAO-2016

The DAO exploit

Smart-contract / governance event, not a PoW hash failure.

RESEARCH · SIMULATION · NOT INVESTMENT PERFORMANCE · NOT INVESTABLE · £0 REAL CAPITAL · PAPER

HINDSIGHT BARRIER — No information published after this simulated timestamp may influence this decision.

Occurred (recorded): 17 JUN 2016 02:00 SAST

First public evidence (recorded): 17 JUN 2016 02:00 SAST

Verification: CORROBORATED

Split: DEVELOPMENT

ETH price stress; subsequent hard fork.

Used in rule design.

What was known — evidence timeline

Published	Source type	Verification	Summary
17 JUN 2016 02:00 SAST	SECONDARY_REPORTING	CORROBORATED	The DAO was exploited; funds were drained via a recursive call pattern.

Sources

The DAO — Wikipedia · SECONDARY_REPORTING

T-minus (deterministic rules, all four models share the evidence gate)

T	Barrier	Known items	State	Action
T-180	20 DEC 2015 02:00 SAST	0	INSUFFICIENT_DATA	NO_ACTION
T-90	19 MAR 2016 02:00 SAST	0	INSUFFICIENT_DATA	NO_ACTION
T-30	18 MAY 2016 02:00 SAST	0	INSUFFICIENT_DATA	NO_ACTION
T-7	10 JUN 2016 02:00 SAST	0	INSUFFICIENT_DATA	NO_ACTION
T-1	16 JUN 2016 02:00 SAST	0	INSUFFICIENT_DATA	NO_ACTION
T0	17 JUN 2016 02:00 SAST	1	WATCH	WATCH

Price-only drawdowns remain NO_ACTION. Structural corroborated events may reach WATCH/ISOLATE. This is not a claim that Duplios operated a live desk at the time.