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Ethereum Classic fell victim to multiple 51% attacks in 2020. The hacker was able to gain control of 51% of the hash power and reorg some blocks and it allowed
by gzer0 5y ago
Ethereum Classic fell victim to multiple 51% attacks in 2020. The hacker was able to gain control of 51% of the hash power and reorg some blocks and it allowed double spending and all the catastrophes that come with a 51% attack [1][2].
It is safe to say that it won't come anywhere near close to where normal Ethereum is in terms of mainstream adoption.
[1] https://www.coindesk.com/markets/2020/08/29/ethereum-classic-hit-by-third-51-attack-in-a-month/ https://www.coindesk.com/markets/2020/08/29/ethereum-classic...
[2] https://coingeek.com/over-1m-double-spent-in-latest-ethereum-classic-51-attack/ https://coingeek.com/over-1m-double-spent-in-latest-ethereum...