Monday, May 27, 2019

51% Attacks Are Not a Network Failure.

Breaking down exactly what a 51% or re-org attack is. Can't see images? Click here...

Hi there,

Long time community member, phyro, has taken to breaking down exactly what a 51% or re-org attack is, how it works, and why security is entirely dependent on how you use the network. PoW follows the simple rule of the longest chain wins, wait long enough and your transactions are probabilistically guaranteed.

Read phyro's article here!

Also read more on how exchanges are not treating all networks with the same security:

Learn More!

Thanks again for choosing to keep up with ETC.

Until next time,

~Anthony Lusardi
Director, US | Ethereum Classic Cooperative
@pyskell

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