Ethereum Classic [ETC]: Mining begins in Astor Network as community responds to 51% attack

2019-5-28 20:00

Ethereum Classic [ETC] endured a 51% attack twice in the month of January, attacks which successfully latched on to ETC’s blockchain for several days. The losses estimated following the breach accounted for more than $1 million.

 The attack left the community worried as fraudulent actors were able to acquire 51% of the hash power, which was […]

The post Ethereum Classic [ETC]: Mining begins in Astor Network as community responds to 51% attack appeared first on AMBCrypto.

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attack etc classic ethereum community begins astor

Источник: ambcrypto.com

attack etc → Результатов: 49


On Collusion

Special thanks to Glen Weyl, Phil Daian and Jinglan Wang for review Over the last few years there has been an increasing interest in using deliberately engineered economic incentives and mechanism design to align behavior of participants in various contexts.

2019-4-5 04:03


Metronome (MET) Keeps Faith in Ethereum Classic (ETC) Network Even After a 51% Attack

Greed and capitalism have had a long and co-dependent relationship. However, human greed knows no bounds and people are always scheming to profit, regardless of the legality of the operation. From Ponzi schemes to outright theft, no industry is isolated from them, January 5th was just another reminder of this fact. At the start of […]

2019-2-11 21:26


Фото:

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


Gate.io возместит $200 000, потерянные пользователями из-за атаки 51% на Ethereum Classic

Представители Gate. io заявили, что биржа покроет убытки на примерно 40 тысяч ETC (около $200 тысяч), которые понесли ее пользователи из-за продолжающейся «атаки 51%» на блокчейн Ethereum Classic. [https://t.

2019-1-8 22:46


Ripple’s executive gloating after 51% on ETC. But can XRP ledger be measured with the same rod as other cryptocurrencies?

In the light of the 51% attack on another minor proof of work chain, other consensus mechanism proponents jumped on the opportunity to thump bitcoin’s consensus mechanism of choice while simultaneously tooting their own horns with heaped praise of proof of stake or Ripple’s consensus mechanism.

2019-1-8 09:00


A Guide to 99% Fault Tolerant Consensus

Special thanks to Emin Gun Sirer for review We’ve heard for a long time that it’s possible to achieve consensus with 50% fault tolerance in a synchronous network where messages broadcasted by any honest node are guaranteed to be received by all other honest nodes within some known time period (if an attacker has more than 50%, they can perform a “51% attack”, and there’s an analogue of this for any algorithm of this type).

2018-8-9 04:03


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