Blockchain
By Steven Anderson
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Ethereum Classic (ETC) Check Pointing Configuration
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Developers and the community took part in the 30 minute presentation from IOHK. They joined, asked questions and provided feedback.
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On September 04, 2020, Ethereum Classic tweeted: “@InputOutputHK devs are set to give their presentation on "Checkpointing"—a way to prevent future 51% attacks.
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Ethereum Classic expressed that, “The Immutability Promise of the EthereumClassic does not speak directly to any particular set, complete or partial, of chain data.
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For all practical reasons, the longest chain is always considered the valid one. Since there are possibilities for nodes to cling on to a branch and believe that they are the…
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Also, modes are never coerced into a permanent reliance on any peer or set of peers. There is nothing called a single temporal understanding of the network state, which is…
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Sydney Ifergan, the crypto expert tweeted: “The current check pointing proposals are meant to prevent the 51% attack on Ethereum Classic.
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Meanwhile ETC are exploring other options and they are continuing to work with others to test and evaluate solutions to ongoing attacks.
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The overview of the check pointing configuration is already available in a recorded Youtube video that runs for 11 minutes and 57 seconds.
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The demo showed successful double-spend and liveness attacks which occur on an unsecured chain.
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