Ethereum’s Fourth Hard Fork, Criticisms on Security

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2EthereumHardForks (1)Ethereum has completed the execution of yet another hard fork. “Spurious Dragon” is the Ethereum network’s fourth hard fork to date and is expected to mitigate various DoS attacks targeting the network.

Technically, the hard fork was a success. Ethereum developers state that general technical problems have been addressed and it is presumed to prevent more attacks on the Ethereum network for the foreseeable future.

Leading bitcoin exchanges supported the execution of Spurious Dragon, temporarily disabling Ethereum and ETH-based assets for the duration of the hard fork. ShapeShift and Korbit amongst many other exchanges and trading platforms addressed the hard fork.

However, in spite of the successful execution of the hard fork, developers, experts and users began to criticize the Ethereum network for weak security measures and network instability.

Chris Ellis, founder of bitcoin peer-to-peer tipping platform ProTip,

Read more ... source: TheBitcoinNews

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