Tag: 51% Attack

Reddit User Seeks Mining Farm to 51% Attack Bitcoin SV

In general, the cryptocurrency community is a helpful and adult bunch. While some discussions are less than mature, those often get buried on social media when people stop feeding the trolls. One such post, however, is rather disconcerting. A Reddit user is actively looking for a mining farm to successfully 51% attack the Bitcoin SV network. A very odd and rather problematic request which hasn’t been taken seriously so far. …
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Ongoing Verge Issues Spell Problems for Pornhub Partnership

Even though a lot of people are still shocked that Pornhub actually took the plunge on Verge, it seems that decision may come back to bite the company. Due to the ongoing attacks against the Verge network, Pornhub and its cohorts are at risk of seeing transactions reversed or spoofed. It is a very big problem and an example of why solid technology should always be the foundation of any payment …
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One Entity Currently Controls Most of the Vertcoin Mining Hashpower

A lot of interesting things are happening in the world of cryptocurrency, but some trends are less than positive. The Vertcoin mining situation, for example, doesn’t look all that promising as of right now. With one pool controlling a large amount of the network’s hashrate, there is genuine reason for concern. Vertcoin Faces a Potential 51% Attack It is never good to see any cryptocurrency be susceptible to a possible 51% attack …
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Verge’s Recent “Miner Attack” Proves the Project’s Code Is Far From Secure

There are a lot of conflicting opinions on the Verge cryptocurrency as of right now. This is not a big surprise, as the project has always been considered to be rather controversial. The network’s most recent “accidental fork” goes to show there is still a lot of work to be done before this project can be taken seriously. Verge Just Keeps Getting Better (Or Worse) For those who are unaware, …
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