Ethereum Classic 51% attack

GPTKB entity

Statements (20)
Predicate Object
gptkbp:instanceOf blockchain security incident
gptkbp:affects gptkb:Ethereum_Classic
gptkbp:attackerControl majority hash rate
gptkbp:blockchain gptkb:Ethereum_Classic
gptkbp:confirmedBy gptkb:Coinbase
gptkb:Gate.io
gptkbp:enemyOf gptkb:51%_attack
gptkbp:estimatedLoss $1.1 million
https://www.w3.org/2000/01/rdf-schema#label Ethereum Classic 51% attack
gptkbp:mediaCoverage gptkb:The_Block
gptkb:Cointelegraph
Coindesk
gptkbp:notableFor highlighting proof-of-work vulnerabilities
gptkbp:occurredIn 2019-01-05
gptkbp:response Ethereum Classic developers investigated
exchanges increased confirmation times
gptkbp:resultedIn double spending
blockchain reorganization
gptkbp:bfsParent gptkb:Ethereum_Classic_2019_attack
gptkbp:bfsLayer 6