Ethereum
$ 1,234.88 0.89%
Solana
$ 41.10 2.85%
Dogecoin
$ 0.067728 0.34%
ApeCoin
$ 4.90 7.68%
Bitcoin
$ 21,418.00 0.37%
BNB
$ 237.66 1.56%

Miner injects 3000 blocks in Ethereum Classic reorganizing the blockchain

Miner injects blocks in Ethereum Classic reorganizing the blockchain

The Ethereum Classic blockchain was reorganized as a single miner injected around 3000 blocks into the blockchain.
Initially, the incident was perceived to have been caused by a 51 percent attack. However, developers later stated that the reorganization could have occurred due to the miner losing internet access while mining. To conduct a thorough analysis, Bitfly has asked all exchanges to pause withdrawals and deposits on the ETC blockchain.

Ethereum Classic block reorganization

According to a report by ETC developers, a miner inserted around 3000 blocks at block number 10904146 with a mining time of 12 hours. The developers believe that the miner was either mining offline or their difficulty could have been higher the current network difficulty ” while they were honestly mining.”

All ETC Parity / OpenEthereum nodes could not handle the 3000 block reorganization from the Core – Geth chain. Subsequently, the blockchain split, making the network unstable. While Parity / OpenEthereum miners were mining on the original ETC chain, Core – Geth nodes continued to mine on the 3000 – block inserted chain.

An attack on the ETC chain?

The developers stated that the attack does not ” appear actively malicious ” as there was no double-spending observed. It could be that the miner lost access to the internet for a while leading to a 12 – hour long mining period and the insertion of 3000 blocks.

However, the incident might be a deliberate attack intended to split the chain. The investigation regarding the incident is ongoing and more information is expected to be released soon.

The 3000 blocks were mined with a mean of 0 transactions per block. Any transactions that weren’t mined will be “re-submitted to the mempool during a re-org .”

Bilal Ahmed

Bilal Ahmed

Bilal Ahmed is a blockchain enthusiast and an avid reader who loves writing about ramifications of blockchain and cryptocurrencies. He believes in doing due diligence with facts before transmitting.

Related News

Hot Stories

Crypto News Alert – A New Meme Coin That Will Process 50,000 Transactions Per Second
Polkadot price analysis: DOT price will break above the closest resistance level found at $ 9 over the weekend
Bitcoin price analysis: BTC slowly retests $21,500, ready to return lower?
Monero Price Prediction 2022-2031: Is XMR Price Going Higher?
3 Innovative Coins Presenting Unique Income Opportunities

Follow Us

Industry News

Margin calls and bot liquidations add chaos to crypto as its market cap hits $964b
Bitpanda lays off workers amid the market decline
Coinbase to launch Nano BTC features aimed at retail traders on June 27
Namibian University will offer master's degree in blockchain technology soon
Uphold announces restriction of Venezuelan users