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How secure are proof of work blockchains?
Today another large 51% attack occurred on the #ETC network which caused a reorganization of over 7000 blocks which corresponds to approximately 2 days of mining. All lost blocks will be removed from the immature balance and we will check all payouts for dropped txs.
— Bitfly (@etherchain_org) August 29, 2020
How ETC Labs is tackling 51% Attacks
Presenting the #EthereumClassic Network Security Plan. It outlines immediate actions we’re taking to prevent attacks, and changes in development over the next 3-6 months. Thanks to cooperation between @ETCCooperative @etc_core @etclabs @EthereumClassic https://t.co/euAVMAnP9J
— Terry Culver (@realetclassic) August 19, 2020
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