On August 1, several figures associated with (ETC) took to Twitter to inform the community of issues with the ETC blockchain. Among the first was Foundation member Hudson (NYSE:) Jameson who stated that: “Exchanges need to pause deposits and withdrawals.”
The official Twitter page of ETC and James Wo, founder of Ethereum Classic Labs, both confirmed the issue. A Diagnosis report was soon released to explain what happened. Although the offending miner was identified, it was not clear if it was a deliberate attack on the network.
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