Ethereum Classic Re-Hit 51% With Over 4,000 Blocks Reorganized
Damage from the previous attack was estimated by Bitquery analysts at $ 5.6 million. What amount could be spent re in time the second attack is still unknown. Amount of awards for added intruder blocks made up about $ 94 000.
Shortly before the publication of the notice Bitfly developers Ethereum Classic on Twitter recommended “everyone exchanges, mining pools and other ETC service providers significantly increase the number of confirmations for of all deposits and incoming transactions“.
Ethereum co-founder Vitalik Buterin in connection with the latest incident called on Ethereum Classic Developers Go on Proof-of-Stake consensus mechanism. “Even with a risk aversion this the jump seems less risky than giving it up. ” explained Buterin.