The Currency Analytics
By Maheen Hernandez
Ethereum Classic (ETC) Improved Mining Support
The community is all talks about the 3600+ block reorg which has eventually led to a chain-split.
Bitquery.io tweeted: “We have updated our #EthereumClassic node software from openethereum to geth to overcome the consequences from the 51% attack, which broke all openethereum…
On August 2, 2020, 2 Miners tweeted: “Ethereum Classic Pools Are Fully Operational Blocks are being mined, payouts are processed.”
For those who do not know, It is a bit disturbing to recollect the 51% attack which happened in Ethereum Classic. One of the miner generated more than 3500 blocks.
The sooner the attack took place, Yaz Khoury, Director of Developer Relations @Yazanator provided the timeline of events and further details on the network impact and next steps…
Ethereum Classic Tweeted: “Not all software run by nodes and miners, behave the same. The diversity of versions and software made the accident worse than it could be.
It was noted that all nodes did not process it equally. There were nodes based on Open Ethereum which did not accept the blocks from the attacker.
From the user’s point of view, some of the transfers which were made “during 12 hours, starting from 16:30 UTC July, 31, till 3:30 AM August, 1st” did not appear in the wallet.
Some of the miners also spent more of hashing power and they were also mining wrong blocks to the old fork following the attack.
ETC Cooperative tweeted: “Indeed, @etc_core. Work is beginning on improved mining support on Hyperledger Besu, but for the time being we can only recommend Core-Geth for ETC…
Further, Sydney Ifergan, the crypto expert tweeted: “It is not good to see that a 51% attack can challenge the PoW like what we saw in ETC.”
Those who were on the wrong chain were alerted and they were asked to switch over to ensure being on the correct chain.