Ethereum Classic Attack – What Happened & What Now? News Report

Best crypto-curencies broker for bitcoin trader ==►Start Here

Ethereum Classic ETC suffers an attack on the blockchain, what does it mean, and what is the future of ETC?

Sources
https://cryptoinsider.com/etcdev-is-dead-long-live-ethereum-classic/
https://medium.com/@etclabsnews/introducing-the-first-cohort-at-etc-labs-47ef2c34d354
https://cointelegraph.com/news/major-exchange-okex-adds-7-new-pairs-to-crypto-derivative-product
https://cointelegraph.com/news/ethereum-classic-devs-hashpower-consolidation-on-network-is-not-51-attack

IOHK May Pivot Mantis Ethereum Classic Team in 2019

Ethereum Classic Hack Causes Coinbase To Suspend ETC Trading

SUPPORT ME ON BITBACKER WITH CRYPTO
https://bitbacker.io/user/cryptolark/

RECOMMENDED EXCHANGES
BINANCE https://bit.ly/2Dyvpps
KUCOIN https://bit.ly/2zLJKuv
LIQUID – https://bit.ly/2Di72M2
COINBASE – GET $10 Free Bitcoin for signing up!
https://bit.ly/2zqeVfV
ABRA – GET $25 IN BTC – https://invite.abra.com/p9lwV0WqCR

CRYPTOCURRENCY HARDWARE WALLETS
LEDGER NANO S https://bit.ly/2yZp4j5
TREZOR https://bit.ly/2qERryf

CERTIFIED CRYPTOCURRENCY BROKERAGE
Caleb & Brown https://bit.ly/2Feq8F6

SOCIAL MEDIA – These are my only accounts, beware of scammers!
TWITTER twitter.com/TheCryptoLark
FACEBOOK facebook.com/TheCryptoLark
TELEGRAM GROUP t.me/thecryptolark
TELEGRAM HANDLE @cryptolark
MINDS minds.com
STEEMIT steemit.com/@larksongbird
D-TUBE d.tube/#!/c/larksongbird

PODCAST – find me on I-tunes "Crypto Waves"
https://bit.ly/2B0X1kH

CONTACT
E-mail thecryptolark@gmail.com with business or event enquiries.

DISCLAIMER
Everything expressed here is my opinion and not official investment advice – please do your own research before risking your own money.

This video may contain copyrighted material the use of which is not always specifically authorized by the copyright owner. Such material is made available for research or academic purposes. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, this video is distributed without profit, for research and educational purposes.

Custom intro and tunes created by The Maker's Initiative – Auckland, NZ

Thanks for watching; please like, subscribe, and share if you found this useful!

#bitcoin #ethereum #cryptocurrency #neo #elastos #litecoin #eos #ripple #ontology #monero #stellarlumenes #cardano #nem #dash #ethereumclassic #vechain #tezos #zcash #dogecoin

Ethereum Classic Attack – What Happened & What Now? News Report

32 comments

  1. The irony is… as I understand it…ethereum classic exists because it didn’t want to reverse a transaction…

    So for it to be vulnerable in this way does seem bad.

    Nick

  2. The sometimes more rapid price growth of alts is countered by their tenancy to crash harder. That’s part of why I only buy Bitcoin. All these alts are basically just companies and the tokens depend on centralized and known people who can be attacked in many different ways. But with Bitcoin, not even Veer and Jihad with all their millions, with their previous great reputations (and in Veer’s case his reputation was a level of respect that was almost holy, nearly as great as Satoshi) and all their gigahashs of mining power, not even they could successfully subvert Bitcoin. So that’s where my surplus income goes.

  3. This is coinbase’s fault. They should be making sure they get the mathematically necessary confirmations for deposits on a chain like ETC if they don’t want to get double-spent. Maybe with a hashpower like ETC’s chain has, that’s forever. Oh well. That’s the price you pay for supporting such an early stage technology. On the otherhand, no one is going to spend the hashpower necessary to double-spend 10 ETC they just paid for a cup of coffee.

  4. all chains are vulnerable like this. they only lose that vulnerability as the hashpower grows. for the lead development teams of ETC to do a chain rollback or something, and for the community to go along with it, would indeed be bad, however.

  5. Ever since you flat ironed your hair the other day…😁 just roll with it brother. Got to laugh at ourselves sometimes.

  6. Ethereum Classic is NOT a direct competitor to Ethereum or EOS. It’s focus is on IOT, so therefore IOTA is a closer competitor. Still, ETC does need to get its act together if it is to thrive in the crypto space.

  7. With the method to short now in the focus, we will now see the same pattern that Wall St has done in its history.
    -You buy your short position
    -Have something negative go on such as in the news media, bogus negative content, or in this case an attack.
    -Whoever is behind it will take their profits from the short position.
    -Rinse and repeat

    The corruption tactics from Wall St are going to be all over the crypto community more sooner than later.
    🙁

  8. Ive heard, ETC is on the list that big business and banks want to include in there future crypto contribution.

  9. I’m going to do a video on 51% attacks now. This is something that needs to be discussed. Great video as always

  10. Maybe if they would have used Digibytes open source multi algorithm mining code “Digi-shield” they wouldn’t be in this mess. DGB is strong.

Leave a Reply

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