Defense logic 防御逻辑
Through the interface data of Node RPC, the custom interface of Dashblock, the public API of Nicehash, and the communication with the community, we try to find the signs of 51% attack in the first time. We use our own reserve fund to rent hashrate, and dynamically adjust the hash power to resist based on the designed defense strategy at the lowest cost. The hashrate that can be used to defend against an attack in an instant should be above 2TH/s.
In addition, Our ETC hashrate held for a long-term will be increased.
Friendly mining pool 友好矿池
There's enough Ether power available to rent in the market to launch a 51% attack, but it's not a huge amount. Therefore, in addition to considering the open hashmarket, the mine pool is also preferred to defend against 51% attacks. we also work with a number of mining pools that hold more than 1T of Ether power, paying the difference to get the pool power when 51% happens.
Funding sources 资金来源
Funding for potential attacks is more than 0.45 BTC. In order to confuse an attacker with minimal cost, increase the cost of the attack and weaken the intention of the attacker, we will not publish the exact number. We're not planning a massive defense or a war of attrition against attackers, we're all playing games to reduce the willingness of attack. ETC security itself still needs to rely on its own hash power, protocol layer improvement.
It's not complicated, we have our own main business, and as a support team for ETC, it's interesting to make a contribution.