Tagged: 51% attack

September 16, 2020 @ 9:41 pm By Omar Faridi  |  

During its 11 years of existence (since the first Bitcoin block was mined), BTC has been able to survive many “threats,” mainly because there’s no single entity controlling the world’s largest cryptocurrency network. As explained in a report from Coin Metrics, this trait, called decentralization,… Read More

August 12, 2020 @ 10:04 pm By Omar Faridi  |  

Jameson Lopp, the CTO at Casa, a Bitcoin focused security company, notes that since the industrialization of BTC mining began in 2015, there have been concerns regarding the concentration of hashpower within Chinese borders. Hashpower is the computing power needed to secure the Bitcoin network,… Read More

August 11, 2020 @ 8:10 pm By Omar Faridi  |  

Charles Hoskinson, an Ethereum co-founder and now better known for being the founder of Cardano (ADA), a platform for building decentralized applications (dApps), recently came forward to offer help to the Ethereum Classic (ETC) community members. However, Hoskinson had certain conditions that he wanted the… Read More

June 6, 2018 @ 11:16 am By Cali Haan  |  

ZenCash, a privacy coin and fork of ZClassic, which is itself a fork of ZCash, a privacy coin once recommended by Edward Snowdon, has been hacked. For four hours starting around 10:30 pm Sunday, June 3rd, a hacker gained majority control over the relatively small… Read More