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Ethereum Classic boosts security by partnering with OpenRelay and Chainsafe

insidebitcoins.com

In hopes of tightening its security protocols against 51%attacks, Ethereum Classic Labs is collaborating with OpenRelay and Chansafe. As a result of the attacks, top exchanges like OKEx issued out warning to Ethereum Classic that it should upgrade its security or will be delisted from the exchange.

Ethereum Classics Lab decided to limit hashpower rental companies in line with its resolve to prevent future security issues and stay in the good records of top exchanges. OpenRelay will help Ethereum Classic to “develop practical simulations and models for the proposed features, establishing testnet infrastructure, and designing and implementing testnet tests” while ChainSafe is working on a review of the many security proposals to keep the network safe.

Read in Full: insidebitcoins.com
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