Because it grapples with a number of safety breaches, Ethereum Traditional Labs has partnered with ChainSafe and OpenRelay in hopes of accelerating its defenses towards 51% assaults. 

In a post, Ethereum and its Core Dev Workforce will work with each ChainSafe and OpenRelay to develop and take a look at safety responses. 

James Wo, founder and chairman of Ethereum Traditional Labs, stated the partnership is smart: 

“OpenRelay and ChainSafe are each nicely acquainted with Ethereum Traditional, by means of working collectively, may have among the most sensible minds in blockchain tackling the 51% drawback in tandem. The team-up will deliver extra experience in Proof-of-Work safety techniques and testing environments.”

OpenRelay will assist Ethereum to “develop sensible simulations and fashions for the proposed options, establishing testnet infrastructure, and designing and implementing testnet checks” whereas ChainSafe is engaged on a evaluation of the numerous safety proposals to maintain the community protected. 

Ethereum has seen no less than three 51% assaults in August alone. These assaults even precipitated exchanges like OKEx to warn Ethereum that it’s going to delist ETC if it doesn’y improve its safety. The corporate, decided to enhance its safety, stated regulation will be the key to stopping any future assaults by limiting hashpower rental firms. They stated no less than two of the assaults have been attributable to rented hash energy from NiceHash.