Report: the MESS system will not provide sufficient protection for Ethereum Classic from attacks 51%

According to the last report, ETC Labs Mess system to protect Ethereum Classic from attacks 51%, may not be so effective and safe, like other alternative solutions.

This summer, the ETC blockchain has become a victim of three attacks 51% per month. In mid -October, ETC Labs introduced
Mess system (modified exponential assessment of subjectivity) To reduce the likelihood of future attacks 51%.

However, according to the report
Iohk and Etc Cooperative, “Mess solution will not provide the necessary level of security, And there are no guarantees, that further attacks will not be successful ". Besides, Mess does not give "high confidence to the interested parties, that the confirmation time will be reduced to the desired level ".

Mess is developed in this way, to reorganize a large number of blocks in 31 Once more costly, Theoretically nullified the profitability of attacks 51%. As ETC Labs previously stated, If Mess, Activated on October 10 after successful testing, was introduced in the summer, Ethereum Classic Blockchain 51% would cost attackers in $20 million.

IOHK and ETC Cooperative studied various solutions, proposed by the teams of developers from the entire ETC community, And they said, that solutions with control points and time marks will ensure better security, than the Mess system.

According to the report, Temporary marks would allow ETC to base its safety on another safe blockchain, eg, Bitco. The control points system implies, that the "trusted body" chooses the block, which will represent an unchanged standard for all network participants.

ETC Cooperative General Bob Summerville (Bob Summerwill) He expressed hope, that the report will be the first step towards decentralized decision -making by the developers of the ETC. The report also proposes to implement a "decentralized treasury", providing a constant source of financing for the future development of the ETC platform.

“The democratic and transparent mechanism of financing will also allow the ETC community to determine its future development direction and choose, What innovations will be included in the ETC ",.

The report is approved, that this will ultimately allow the ETC to "do not lag behind other platforms and even exceed them".