Ethereum Classic is the main blockchain from where Ethereum was hard forked but in the last 4 years of existence in the cryptocurrency market ,faced many bitter challenges which raised questions and concern about ethereum classic credibility . 

Why the developer not very cautious about preventing the attack on the blockchain even after first incident of attack which cost $millions and again it happened last week which cost $millions again.

Lets have quick review about this coin first.

video credit:  crypto bureau

In the Crypto market , build the trust on coin is not so easy .example bitcoin ,took many years to trust and flow the investment blindly on it as we know that our investment is on secured and trustworthy blockchain . Does this kind of certification of trustworthiness achieve from ethereum classic (ETC) ?

As per top news articles, Last week it was attacked 51% which had to lose 5.3 millions USD worth of ETC caused double spending till the reach of 4000 blocks and it happed for a week . the exchange was used from Okex . 

The impact of these incident will not affect now but it will sure impact in future when other top blockchain like bitcoin and ethereum will be most valuable but investor will doubtful investing in ethereum classic (ETC) .

Developer needs to wake up if they want to save this beautiful blockchain for any more unacceptable attack . cryptocurrency is mean to be free from any authorisation and should be completely decentralised. 

sources:

https://lbry.tv/$/invite/@Memes:ee