ZB.com has Adjusted ETC Deposits and Withdrawals Confirmation Requirement

ZB.com
1 min readJan 8, 2019

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Dear users,

The ETC network was successfully got 51% attack in the early morning of January 7, 2019. The attack time began at 00:40(UTC+8)on January 7, 2019 and ended at 04:20(UTC+8) on January 7, 2019, totally about 4 hours. During that time, the attack’s computing power accounted for more than 51% of the total network computer power.

51% attack will be a threat for all the cryptocurrencyservice platforms. The solution for 51% attack like PoS authentication must have the cooperation with the ETC development team and its community. Although ZB.com is not affected at present, for the security of the ETC transaction ZB.com has now raised the ETC deposits confimation requirement to 500 and withdrawals confirmation requirement to 1. In the meanwhile, we will suspend ETC deposits and withdrawals for protecting from being attack if necessary.

Thank you for your support!

ZB Global Team

January 8, 2019

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ZB.com
ZB.com

Written by ZB.com

ZB.com is the world’s most secure digital trading platform, facilitating the trade and management of digital assets from all corners of the globe.

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