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Detail Analysis

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Date:

Status:

Count:

Contributor:

September 4, 2021

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Verified

6

zerofriction.io

Loss Amount:

-

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Recovered Amount:

-

Currency:

Dollars

KYC By:

Audit By:

None

None

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Website:

No data

Twitter:

No data

Discord:

No data

Telegram:

No data

Medium:

No data

Github:

No data

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Key Indicators

Platform:

Type:

Category:

Method:

Ethereum Classic

Network

Chain

Node Vulnerabilities

Extended Method:

Ethereum client Geth vulnerability

Data Sources:

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Ethereum Classic (ETC) tweeted that the ETC mainnet was forked due to previous vulnerabilities in the Ethereum client Geth. On September 3, the ETC mainnet split due to the exploit which had previously affected the Ethereum mainnet on August 27. This was the result of an attacker discovering an exploit on the “Go Ethereum” client which impacted the older versions of the client. This led the blockchain to undergo an unplanned hard fork. As per data, soon after the split occurred, over 20% of the mainnet’s hash rate witnessed a drop. This decline likely came from miners or pools which had been using the unpatched version of Coregeth. In the while that it took for the patch to arrive, the network had already taken a hit. NVT ratio showed that the network value went down, following the exploit.

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DISCLAIMER: While Zero Friction LLC has used the best efforts in aggregating and maintaining this database, Zero Friction LLC makes no representations or warranties with respect to the accuracy or completeness, and specifically disclaim any implied warranties of merchantability or fitness for any particular purpose. 

Under no circumstances, shall Zero Friction LLC be liable for any loss of profit or funds, any regulatory or governmental penalties, any legal costs, or any other commercial and non-commercial damages, including but not limited to special, incidental, consequential, or other damages from any or all usage of the dataset or information derived from our database.