HomeCoinsEthereum (ETH)Ethereum Traditional experiences 3,693 block-long reorg

Ethereum Traditional experiences 3,693 block-long reorg

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Ethereum Traditional has skilled a potential blockchain reorg of three,693 blocks. Cryptocurrency miner Bitfly was first to establish the reorg, which was later confirmed by each Binance and Ethereum Traditional improvement agency, ETC Core.

It’s unclear whether or not this reorg was malicious based on the prognosis report launched by the ETC Core workforce. 

“It may very well be that the offending miner has misplaced entry to web entry for some time when mining, which led to a 12 hour mining interval and about 3000 blocks inserted,” the workforce mentioned of their report. 

Additionally it is unclear whether or not an attacker has profited from this reorg, however Bitfly has suggested all exchanges to halt deposits and withdrawals. In the present day’s reorg isn’t Ethereum Traditional’s first. In 2019, the sensible contract blockchain skilled 100 plus lengthy reorg assault that enabled the attacker to double spend 88,500 ETC, price roughly $460,000 on the time of the assault.

© 2020 The Block Crypto, Inc. All Rights Reserved. This text is offered for informational functions solely. It isn’t supplied or supposed for use as authorized, tax, funding, monetary, or different recommendation.





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