51% Attack On Ethereum Classic Network ?
Hi guys, today i have seen some unpleasant news about one of cryptocurrency coin, it is from Ethereum Classic.
The founder of Ethereum Classic, James Wo has confirmed that Ethereum Classic was attacked by miner. Even one of the ethereum foundation member Hudson Jameson stated that Cryptocurrency exchanges should pause the deposits and withdrawals of Ethereum Classic (ETC).
The Ethereum Classic blockchain splited and it was causing reorgs in Ethereum Classic blockchain. Later, the report says the reorgs was not intentional, it was because the miner using old software and going offline about 12 hours later.
From this case, we know that using an old software can make the blockchain network going wrong, and i hope developers of the coin find a solution for this, otherwise it may can create a loophole for the attackers.
Source : https://cointelegraph.com/news/ethereum-classic-blockchain-splits-due-to-reorg-by-a-single-miner
Writer : Juice Shen
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