Cardano helps Ethereum Classic against 51% attacks
Cardano helps Ethereum Classic against 51% attacks

Cardano helps Ethereum Classic against 51% attacks

By Alfredo de Candia - 10 Dec 2020

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The IOHK Foundation, behind the development of the Cardano blockchain, presented last night a new client developed for the Ethereum Classic blockchain, which will be used to provide greater security and usability.

The new client takes the name Mantis and allows operating on the entire ETC network without affecting the principles on which this blockchain is based, such as the famous “code is law”.

This client solves the 51% attack problem. A fund has also been proposed to finance future developments of this blockchain. 

It is interesting to note that this type of client was already developed in 2017, but it has been brought to the fore thanks to the recent negative episodes this blockchain has suffered and it is for these reasons that it has been integrated so as to be compatible with the network without leading to a fork. 

The strong point of this client is to create checkpoints, allowing to mitigate the risk of 51% attacks, using the SCALA programming language. 

An improvement has also been made on the smart contract side, considering that the K framework will be used, which makes it possible to predict the cost of gas for the relevant smart contracts with greater accuracy. 

Cardano has saved Ethereum Classic

 The CEO of IOHK, Charles Hoskinson, showed great commitment to this blockchain: 

“Ethereum Classic has reached a philosophical crossroads – the level of hashrate, price depreciation and activity on the chain all indicate that ETC needs to take a new direction. As a result, we have decided, alongside others, to inject some more life into the ecosystem. If we can achieve that, not only will ETC thrive, but it will have the chance to fully realise the original ‘code is law’ philosophy, which will become more and more crucial as regulation increases and governments look to adopt digital currencies”.

Surely without the appropriate measures that this blockchain has now taken it would not have been easy to continue, and in the long run Ethereum Classic could have disappeared, especially because a series of repeated attacks make the structure unreliable for external users and developers. 

This work by IOHK finally shows how cooperation between different blockchains is possible, seeing that in this case, Cardano has literally saved the Ethereum Classic blockchain from possible failure.

Alfredo de Candia

Android developer for over 8 years with a dozen of developed apps, Alfredo at age 21 has climbed Mount Fuji following the saying: "He who climbs Mount Fuji once in his life is a wise man, who climbs him twice is a Crazy". Among his app we find a Japanese database, a spam and virus database, the most complete database on Anime and Manga series birthdays and a shitcoin database. Sunday Miner, Alfredo has a passion for crypto and is a fan of EOS.

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