Post
Topic
Board Altcoin Discussion
Re: If Ethereum classic can be hacked, what is stopping someone from doing it again?
by
cryptomaniac_xxx
on 04/03/2021, 08:50:29 UTC
I've actually been interested in getting some ETC classic because there is a finite supply.... but... what is stopping a hack and I lose my funds?
If hackers can performed 51% attack regardless if it's ETC or not, chances are they are going to do it again and again. It's just a matter of timing and of course how much money they can generate in this double spending attack. I don't think you can lose your funds though in a 51% attack. But if you sit your ETC on a wallet that has been compromised, then definitely hackers can steal it as well (and so are the other crypto wallets).