Rise of Replay Attacks Intensifies Ethereum Divide
The unintended consequences of the ethereum hard fork continued to mount this week as new problems became apparent due to the ongoing popularity of two competing networks. A week ago, there was one ethereum, a decentralized computing platform that’s drawn outside attention for applying the cryptocurrency concept to develop new Internet applications. But due to a schism in how people think the platform should work, there are now two ethereum networks (ethereum and ethereum classic), both of which use an almost identical history. The thinking was one blockchain 'winner' would quickly emerge....
Related News
Shapeshift has launched a new tool - Shapeshift Ethereum Splitter to split the two Ethereum based cryptotokens, ETH and ETC. Shapeshift has launched a new tool – Shapeshift Ethereum Splitter – that helps users split the Ethereum based cryptotokens: ETH and ETC. The Ethereum blockchain project had split into two following its hard fork last month. With Ethereum (ETH) continuing on a new fork, the original blockchain has continued to operate as Ethereum Classic (ETC). Unexpectedly, Ethereum Classic has now become one of the popular digital currencies. But these two Ethereum versions – ETH....
The proof-of-work fork of the Ethereum blockchain was targeted by a cross-chain contract exploit. Post-Ethereum Merge proof-of-work (PoW) chain ETHW has moved to quell claims that it had suffered an on-chain replay attack over the weekend.Smart contract auditing firm BlockSec flagged what it described as a replay attack that took place on Sept. 16, in which attackers harvested ETHW tokens by replaying the call data of Ethereum’s proof-of-stake (PoS) chain on the forked Ethereum PoW chain.According to BlockSec, the root cause of the exploit was due to the fact that the Omni cross-chain....
If the split between Ethereum and Ethereum Classicwasn’t definitive before, it is now. Ethereum Classic, the project born out of rejection of Ethereum’s reversal of The DAO, hard forked today. With that, Ethereum Classic has implemented the biggest protocol change yet, and furtherdifferentiated itself from the Ethereum project. Most importantly, the hard fork — dubbed “Die Hard” — diffused the difficulty bomb, which was set to freeze the protocol later this year. Additionally, Ethereum Classic implemented replay protection, to ensure Ethereum transactions are no longer valid on the....
Kraken has announced its acceptance of Ethereum Classic (ETC) tokens following Ethereum’s successful hard fork last week. Kraken ‘Elects to Support’ Classic. In a statement released today, the exchange said it “elected to support classic ether along with most of the major Ethereum exchanges.” Kraken will offer ETC/XBT, ETC/ETH,ETC/USD and ETC/EUR pairs.....
It seems the Ethereum community will be initiating a hard fork once again. Actually, make that two hard forks. In an official Ethereum blog post on October 13, developer Martin Swende announced the decision to hard fork due to malicious network attacks. Malicious Actors Attacking the Ethereum Network. Over the past few weeks, the Ethereum network has....