51% Attack

51% Attack, Blockchain, ETC Labs, ETH, Ethereum Classic (ETC), hash power, hash power marketplace, hash rate, Nicehash, proof of work, Security

Hash Power Broker Nicehash Denies It Enables 51% Attacks on ETC Network

Hash Power Broker Nicehash Denies It Enables 51% Attacks on ETC NetworkHash power broker Nicehash denies that it enables bad actors to use its hash renting platform to launch 51% attacks on blockchain networks. The broker insists that it does not have any way of monitoring or determining which blockchain is benefitting from a particular algorithm hash data. Only buyers of hashrate know this, as well […]

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51% Attack, Block reorganization, Charles Hokinson, Decentralized treasury, delisting, Double-Spend, Ethereum Classic (ETC), network vulnerabilities, OKEx Exchange, Security

Ethereum Classic Suffers 51% Attack Again: Delisting Risk Amplified

Ethereum Classic Suffers 51% Attack Again: Delisting Risk AmplifiedBeleaguered Ethereum Classic (ETC) blockchain suffered yet another 51% attack on August 29. The latest attack caused the reorganization of over 7,000 blocks and this corresponds to approximately two days of mining. At the time of reporting, it was not clear if there had been any double-spending as was the case in the last attack. […]

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