MXC Exchange Supports Ethereum Classic’s new MESS Solution to Mitigate 51% Attacks

Singapore, Oct. 14,2020 — MXC (www.mxc.com), a leading and reputable cryptocurrency provider of spot, margin, contract, leveraged ETF, index products, contract, PoS staking, and OTC services, offers its support to the Ethereum Classic (ETC) project. Following multiple 51% attacks against the ETC network, MXC Exchange will cooperate with their team and implement the proposed upgrades to ensure a smooth operation of the network. Ethereum Classic and 51% Attacks Three 51% attacks were launched against the Ethereum Classic blockchain in July and August of 2020. . These 51% attacks are problematic, as they allow for potential double-spend transactions. This attack, however, ensured that network nodes – running either Parity or OpenEthereum…
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