Blockchain
By Maheen Hernandez
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Ethereum Classic (ETC) Dev Call 13
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In theETC Core Dev Call 13 about Mining Algos and Last Call Proposals it was decided to move forward with ECIP-1099.
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Ethereum Cooperative tweeted: “Participants agreed to move forward with ECIP-1099 "DAG Limit Restriction" which brings back 3-4gb GPUs as well as Keccak256 mining algo…
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There is an elaborate You Tube video in this regard. Reportedly, the meeting took place on Friday, September 11, 2020.
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Contributors, developers, and stakeholders got together to discuss details around restricting the DAG file, the Keccak256 and SHA3-256 proposed algorithm changes.
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Resolutions were made in the meeting. ECIP-1043 was replaced with ECIP-1099 and further moved to Last Call for a period of 3 weeks.
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The resolution also stated that reverting back to the Keccak algorithm will also provide all the benefits of SHA3-256 but also preserve interoperability with the Ethereum network.
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Sydney Ifergan, the crypto expert tweeted: “Solving the 51% attack vulnerability on the Ethereum Classic (ETC) is the most important.
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ETC Core Dev Call Resolutions summarized: “ECIP-1043 "Fixed DAG Size" replaced by ECIP-1099; in last call (3 weeks) ECIP-1049 "Keccack256" moved to last call (4 weeks)…
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Someone opined, “Just rolling back the DAG, the only thing that could happen is an increase in network hash, well in theory.
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Sergio Demian Lerner tweeted: "51% Attack protection system for Ethereum Classic based on Bitcoin Merged Mining" Presentation by Sergio Lerner and Martin Medina When:…
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When someone in response to Sergio Demian Lerner expressed that Komodo Platform can solve this, Sergio Demian Lerner expressed that Komodo uses notarization, which is quite…
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When asked about how to protect ETC, he further replied, because for RSK it's a test bed for its Universal Merge Mining System, which benefits Bitcoin miners with additional…
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