Ethereum Classic Future – Discussing ETC Network Current State and Security Plan

August 25, 2020

Ethereum Classic network has experienced two 51% attacks last month causing serious consequences: 6 500 blocks declined, miners and mining pools have lost at least 1 complete day of work, exchanges have lost more than $5.6 million due to the double-spend. Recently ETC developers have released a Network Security Plan which aims to protect the coin in the future. In this post, we express our views on the Ethereum Classic problem.