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Two questions on Ethereum forks

Etherum Reddit

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  1. I am trying to understand what happened when the Etherum blockchain hard forked back when DAO happened. From my understanding, the DAO was unable to recover all of the 50 million worth of ether because when the blockchain split and Ethereum classic emerged, Ethereum's worth fell. I.e. the ether that were previously worth 50 million were only worth e.g. 35 million after the fork because they now existed on two separate blockchains. Is that somewhat correct?
  2. With the recent transition to PoS a hard fork happened again. Now I am unsure which Ethereum is which: on coinbase I could find ETH, ETH2 and ETHPoW. Could someone maybe clear this up a bit?
submitted by /u/PrestigiousTadpole71
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