Ethereum Classic Ponders ‘Code Is Law’ Philosophy After Multiple 51% Attacks

2020-8-7 09:38

After suffering two 51% attacks in a week, the ETC community is reeling. Vitalik Buterin suggested that ETC change its consensus algorithm to Proof of Stake. But is the conservative “Code Is Law” protocol ready for a change? On July 31, Ethereum Classic was hit by the first of two 51% attacks.

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attacks classic code two etc ethereum law

Источник: beincrypto.com

attacks classic → Результатов: 25


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Ethereum Myth Busted: Apples To Oranges On 51 Percent Attacks

Recently, Richard Gendal Brown, CTO of Corda, published an argument that Ethereum is not prepared for enterprise adoption because of the recent 51% attack on Ethereum Classic (ETC). Brown’s argument is paraphrased as follows: The Ethereum network’s utility to enterprise blockchains rests in the ability of those consortia blockchains to ‘anchor’ their data in the […] The post Ethereum Myth Busted: Apples To Oranges On 51 Percent Attacks appeared first on Crypto Briefing.

2019-1-30 00:30


Ethereum Classic (ETC) 51% attack proof that shitcoins have no hope of succeeding?

On January 7th, the story broke about Ethereum Classic, the less popular result of the much-publicized post-DAO-hack Ethereum hard fork, suffering a 51% attack. After more than 200 thousand ETC ended up being stolen through double spending attacks and transaction reversal, ETC development team reacted and promised to look into a solution to what appears […] The post Ethereum Classic (ETC) 51% attack proof that shitcoins have no hope of succeeding? appeared first on CaptainAltcoin.

2019-1-9 12:57


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