[ad_1]
Ethereum Classic (ETC) suffered a 3,693-block chain reorganization early Saturday morning, an event first thought to be a possible 51% attack, after a miner used old software after having been offline, according to Terry Culver, CEO of Ethereum Classic Labs.
Update (August 1, 15:17 UTC): This article has been updated with an estimate of the attack cost.
Update (August 1, 16:28 UTC): This article has been updated to reflect that the event was likely not a malicious act, but an accidental one when an offline miner came back online using an old version of ETH. That event then mimicked a 51% attack.
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.
[ad_2]
Source link
