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Ethereum Classic hack raises blockchain questions

By Mark Faithfull | News | 25 January, 2019 | 0

51% Attack succeeds and over $1million Ethereum Classic is double spent The cornerstone design assumption in blockchain systems such as Bitcoin and Ethereum is that there is a large community pool of honest participants who mutually concur and authenticate blockchain events.  Page 3 of Satoshi Nakamoto’s original whitepaper titled: “Bitcoin: A Peer-to-Peer Electronic Cash System”Read more

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