Things just got MESSy for potential Ethereum Classic 51% attackers By Cointelegraph

Things just got MESSy for potential Ethereum Classic 51% attackers


Things just got MESSy for potential Ethereum Classic 51% attackers

Over the past weekend, on block 11380000, a solution for the prevention of 51% attacks was introduced to the (ETC) community. Several such attacks have recently placed ETC at a crossroads, leaving the very survival of the chain uncertain. In the weeks that followed these attacks, the community worked to evaluate numerous potential solutions.

The first one that has been implemented is called MESS, which stands for Modified Exponential Subjective Scoring. Its predecessor was first suggested by Vitalik Buterin back in 2014. It builds on the assumption that while small chain reorganizations that go back a few blocks are perfectly normal, the ones proposing reorganizations going back hundreds and even thousands of blocks are highly suspicious.

MESS polynomial curve. Source: Classic Improvement Proposal 1100.

Continue Reading on Coin Telegraph

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.



Source link

Cointelegraph


Leave a Reply

Your email address will not be published. Required fields are marked *


About us

InvestLab is a financial services technology company focused on the global trading market. Founded in 2010 in Hong Kong, the company develops trading, market data, and social research products that enable individual investors and small to mid-size brokers to access global markets. We provide brokers and financial institutions cross border capabilities for retail investors into 43 markets globally.


CONTACT US

CALL US ANYTIME