After the claims that “there are 51% attacks” about Ethereum Classic that started in the last 24 hours, the Ethereum Classic management announced that the cryptocurrency has not been exposed to 51% attacks and similar network attacks, and that all network operations are functioning normally and smoothly. Rejecting the 51% attack allegations, the Ethereum Classic management announced that there was no attack that could affect the price of ETC, which is at $5 and its level, and gave a sigh of relief to the investors. Some claims are starting to be made.
Ethereum Classic is known for its security
Ethereum Classic, rather than an investment tool, is designed for privacy by people and prepared as Monero-like allowing confidential payments. and is known as the emerging cryptocurrency and has many different aspects to Ethereum. While Ethereum is used by more people as an investment tool, Ethereum Classic is used by people and companies for payments that need to be kept confidential more frequently and mostly instantaneously, as it is based on confidentiality in payments made for security purposes.