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The FCC in killing Net Neutrality, clearly and in writing stated that they have no jurisdiction, which hands jurisdiction to states. Trump/Barr/Pai keep trying to have it both ways.

Btw, in the EU net neutrality is required by European regulations.

state's rights my ass

The broadband industry pulled out all of the stops to get their way, including getting an industry puppet appointed to a regulatory position, running a robocall campaign to deceive senior citizens into thinking that net neutrality is evil, and flooding the FCC with millions of fake anti-NN comments from people who have either been dead for years or who never existed in the first place (i.e. fictional characters), and, they're not about to let a single state undermine all of their above hard work.

My only question is why every state isn't doing what California is doing, and telling the broadband industry to suck it.

Sounds like Ajit.

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Here is the second part @medvedev1088/ethereum-in-bigquery-how-we-built-it-part-2-b4426d0ce243">https://medium.com/@medvedev1088/ethereum-in-bigquery-how-we-built-it-part-2-b4426d0ce243

“The next big feature we are going to work on is support for message calls (a.k.a. internal transactions), which will uncover many interesting use cases such as querying all addresses that ever existed, along with their balances and querying all contracts. Another big feature is the streaming support, which will allow analysis of live Ethereum data.”

"Leveraging the power of BigQuery allows you to access the Ethereum blockchain via SQL and find meaningful insights rapidly. This data can also be easily exported to CSV, Avro, or JSON files and used for further analysis using graph databases, visualization tools, and machine learning frameworks."

That is really big! Many people out there in the world of data who needed easier ways to query Ethereum. Now, Google has helped open it up to them.

Blockchain as in “blockchain”? The panacea?... don’t think so...!

Well...if countries are run by companies...makes sense that they issue their own stable coin...

Epic

My goldballsacks

Goldman to clients : "Cryptocurrencies are not an asset class, they don't generate any cash flow like bonds, it's not a viable investment"

Goldman internally : "Fuck fuck fuck we need bitcoin exposure, we need to build our own crypto, fast, fast, fuck fuck we're late, we can't keep lying to those idiots forever"

Perfect example of don´t listen what they say, watch what they do. As soon as the big old, slow moving banksters find a way to make money they all of a sudden are very open to work with crypto products.

Goldman crypto scams incomming!

Great article. The dinosaurs are waking up! 🦕

Powerful quote here: “In the next five to 10 years, you could see a financial system where all assets and liabilities are native to a blockchain, with all transactions natively happening on chain,” McDermott said in an interview. “So what you’re doing today in the physical world, you just do digitally, creating huge efficiencies. And that can be debt issuances, securitization, loan origination; essentially you’ll have a digital financial markets ecosystem, the options are pretty vast”

Etc sucks. Hold eth!!

womp womp

This is a classic attack for ETH Classic. Who is HOLDing it?

Immutable chain reorgs

I remember about a year or so ago about the time of ETC's first 51% attack, there was talk about exchanges potentially adapting automatic retaliatory mining to wrestle their funds back, to drive up the cost of such an attack (assuming the original attacker choose to persist) or to discourage this type of attack in general up to the value of the heist or beyond.

Obviously they haven't implemented this; does anyone know if they definitively decided against it or if they just put it on a back burner and may look into it again now that it's an issue?

Still better than ripple.

time to pump it.

Lol..... Classic

Problem with relatively low power POW chains is that someone can rent massive amounts of power and 51% attack.

Take a look atnthis : https://www.crypto51.app/

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Atm it cost $555k an hour to 51% attack Bitcoin, given you can source that hashpower.

Who actually invests in this coin...? Thats like the 4th or 5th time it's been hacked.

jeez, just throw the whole blockchain out already

I am definitely not gonna buy ETC anytime soon.

According to https://www.crypto51.app/, it only costs about $6,000 per hour to perform a 51% attack on ETC.

At least it wasn't censored, eh, ETH?

Who the hell is still holding ETC?

Classic!

You know it's bull market when a shitcoin pumps after a 51% attack.

I can't believe i was fully invested in this at some point.... Uhhh

PoS is better than PoW

All the low-volume chains will die. The shocker is that they haven’t yet; it’s so cheap to rent 51% hashpower when maybe a few dozen bagholders are actually mining

Ethereum(ETH) Basic Info: Website - r/Ethereum - Abstract - History - Exchanges - Wallets

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this coins dead as a doornail now......been attacked one to many times....rip

ROLL BACK THE CHAIN! Oh wait....

Yes.

March 2013 a successful double spend attack on bitcoin happened when a corrupt block got accepted by most miners.

• https://en.bitcoin.it/wiki/BIP_0050
• https://bitcoin.org/en/alert/2013-03-11-chain-fork

There were some big SW bugs like the Android k-value bug that left some users with drained UTXOs, but that wasn't really blockchain or hashrate based.

Coin gets attacked 2 times in a week. Sub is empty. Etc is just dead, cant call it otherwise.

Not btc but happens plenty with other coins, this is the second time it hits ethereum classic. Basically don't trust PoW unless its top 10 market cap.

Not with Bitcoin, but lower value coins such as Bitcoin Gold have been 51% attacked successfully multiple times. Google would probably turn up other coins it had happened to.

no becuase bitcoin's hashrate is huge and much harder to get that level. When pools have gotten too big the pool operates have sent out alert asking people to switch once.

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So you buy RAI for ETH to have less volatile ETH and then you deposit RAI to mint their future stablecoin? Is that the idea?

And recent news make me think they will even get away with it. :-/

ok here is my theory. the reason ETC price doesn't dump is because the attacker is buying ETC to do the next 51% attack. then the attacker will dump his coins to another attacker who is trying to do the same thing. so money is flowing from dumb attackers to smart attackers.

How ETC is still listed on trustworthy exchanges is beyond understanding.

Ima head out

​

Technically I think he mined it and the network went ahead with his chain.

It's almost like minority hashrate coins, who share a PoW algorithm with other coins are inherently insecure.

What are they going to do with their remaining ETC? Surely exchanges will be very suspicious that they might do this again? Thus their ETC might be blacklisted?

https://www.crypto51.app/

Nicehash-able == 277%. So... who's next?

Hes already selling it seems :)

As long as it's ranked worse than my current holding, i don't care - Everyone

I got no ill will toward ETC but how did something like this NOT just crash the value completely? I would assume that once a network has been compromised like that then users will lose faith and jump ship. I appear to be wrong though as that really hasn't happened.

There's a sharp drop but it seems to have largely returned to where it was before the attack, only a week later.

I'm just not sure how to interpret the market on this one.

code is law! 😂

This is fascinating, ill need to read up on 51% attacks to comprehend it better as im trying educate my self on mining but this seems like a terrible oversight. Thanks for the helpful links to those that posted further explanations.

Does ETC actually have a community behind it or is it just propped up by miners who also don't care about it?

How did they withdraw the ETC in the first place? Did they have $5million of it already available?

So does that mean that they *had* 807k of ETC in the first place? How were they able to withdraw it from the exchange to begin this whole scam?

looks like ETC charts didn't even take the slightest dip to the news.

Is there any way to bring ETC back into ETH? One Ethereum would be stronger.

ETC has been 51%'d before and they never

ever (2020)

ever (2020)

ever (2019)

will do anything to reverse consensus by the majority of the hashrate.

Lol people here acting like BCH chills on BTC. Nothing to be proud of about how the ETC fork went, and even less proud if they stumble upon a rock on their way.

Go on, put the shirt of your favorite team and yell at the stadium 'fuck you etc!' it will change the world forever!

I think it's time to get rid of etc 😅

The fact that price has hardly moved is a sure sign that no one cares about ETC anymore. There are only two types of ETC users: those who bought in at ATH and are waiting to sell, and trading bots.

Yet it's relatively high on CMC and even going up in value, after being 51% attacked twice, while some other quality projects have a fifth of its value. I gave up trying to understand this market.

the true eth , vitaliks vision.