Ethereum Classic\u2019s (ETC) development team admitted a malicious attack on the network had taken place and hopes the full extent of the incident will be known rather soon than later.<\/p>\n
According to at least two different block explorers, Bitfly<\/a> and Blockscout<\/a>, Ethereum Classic saw more than 100 blocks \u201creorganized\u201d during a potential 51 percent attack late Sunday. At the same time, it was reported<\/a> on Monday that an abnormal hash rate going into a single mining pool had been detected, potentially causing mass reorganizations (reorgs) of mined blocks.<\/p>\n Ethereum Classic developers initially refuted such claims, however had to admit a cause for concerns at a later stage, urging exchanges and mining pools to increase the number of transaction confirmations.<\/p>\n To all exchanges and mining pools please allow a significantly higher confirmation time on withdrawals and deposits (+400)<\/p>\n cc @OKEx<\/a> @ExchangeXGroup<\/a> @HuobiGroup<\/a> @digifinex<\/a> @binance<\/a> @bitfinex<\/a> https:\/\/t.co\/m5cxcKBVXa<\/a><\/p>\n \u2014 Ethereum Classic (@eth_classic) January 7, 2019<\/a><\/p><\/blockquote>\n\n