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Topic: Is ETC a disfunctional blockchain? - page 2. (Read 165 times)

full member
Activity: 338
Merit: 101
November 16, 2020, 06:47:28 AM
#3
Yep I think also ETC has some issues regarding security . Found some news few months ago that some transactions on ETC blockchain were hacked and the funds were stolen . I do not know if ETC blockchain can still be updated and fix the bugs.
hero member
Activity: 3010
Merit: 524
Leading Crypto Sports Betting & Casino Platform
November 16, 2020, 06:24:25 AM
#2
It's not even disfunctional but it's a failed chain. It has been successfully attacked by some 51% attack. it happened so many times and exchange sites were feeling worried if that could affect them and that's why etc deposit needs a very very big confirmation to make sure there was no 51% attack that will be affecting the exchange site.
This chain has no function and ETC chain was a garbage blockchain. Being created as a forked coin but etc created bunch of claim to be a better version of ethereum.
That's hilarious.
member
Activity: 163
Merit: 13
November 16, 2020, 05:17:12 AM
#1
I see many exchanges do not allow etc withdraws.

Also 2 weeks to credit deposits.

Quote
Hi there,
Thank you for contacting the Bitcoin.com support team

To deposit ETC on your Exchange account you need to wait while incoming transaction will have 60 000 confirmations.

Kind Regards,
M

Failed project if it can't clear secure transactions and have $800M cap.

Quote
Sorry, but mostly all exchanges have the same rules on the ETC deposits. Because of several successful 51% attacks
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