On August 30, ETC officials tweeted that ETC accounts for 3% of the hash rate of the entire ETH network. When testing and evaluating solutions such as the reorganization cap, and the subsequent ECIP, officials are very aware of the potential for repeated attacks. If the confirmation requirement has not been increased, please increase it to more than 10,000. On the morning of August 30, ETC suffered another large-scale 51% attack, and more than 7,000 blocks were reorganized. Note: In response to the frequent 51% attacks on ETC, the ETC community has cooperated with the relevant Cardano team and has recently proposed relevant solutions such as the ETC funding mechanism and the use of checkpoints to defend against 51% attacks. |
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