Single Miner Using Old Software Causes Split in Ethereum Classic Blockchain August 3, 2020 August 3, 2020 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Ethereum NewsAugust 3, 2020 by Kelly Cromley

Single Miner Using Old Software Causes Split in Ethereum Classic Blockchain

Ethereum ClassicProminent persons who are involved in Ethereum Classic (ETC) venture tweeted August 1 to share issues related to the blockchain. To beginw tih Hudson Jameson, member of Ethereum Foundation, stated that “Exchanges need to pause deposits and withdrawals.”

The issue was confirmed by James Wo, founder of Ethereum Classic Labs and also by core Ethereum Classic team through official Twitter page. Without much of a delay a detailed analysis report was published detailing the nature of issue and the miner who caused the problem.

The report suggested miners to “Continue mining the chain as-is,” further stating than any trades carried out during the earlier 12-hour period were not carried out in the same manner they had to be, but will get submitted again in the mempool.

Another state of affairs report published by the core team underlined that the reorg was not carried out deliberately, but due to 12 hour downtime and issues with old software.

As proposed by a mining related tools provider Bitfly, a reshuffling of 3693 blocks had taken place in the network at block 10904146. Bitfly stated “This caused all state pruned nodes to stop syncing.”

The incident was initially believed to be a network attack, even though the theory was later brushed away by the core group behind ETC. At the beginning of last year, a 51% attack did take place on ETC, increasing worries about the PoW (Proof-of-Work) mining protocol.

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.