Ethereum hard forked today
Ethereum Classic continues on the existing Ethereum blockchain and has not implemented the hard fork code to “undo” the DAO. According to the project's website, this is because “Ethereum Classic intends to keep the original censorship-resistant Ethereum going” and “provide an alternative for people who strongly disagree with DAO bailout.
While Ethereum Classic to many seems to be a bit of a joke, intended to make a point, the project has been gaining some traction, with a small-but-growing user-base on Redditand Slack, and with the decentralized exchange Bitsquare offering its token — classic ether — as a trading option. Additionally, some 0.5 percent of hash power joined a special Ethereum Classic mining pool even before the split, and seems determined to mine on the Ethereum Classic chain, ensuring blocks are mined and the project is kept alive.