51% Attacks for Rent

2019-2-23 13:50

As the global pool of hashing power grows more liquid, arbitrageurs may see a financial incentive in "rent-a-miner" attacks.

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attacks may arbitrageurs see liquid financial rent-a-miner

attacks may → Результатов: 34


Фото:

Vertcoin 51% Attack Could Have Caused $100K in Double Spending

Vertcoin has been experiencing ongoing 51% attacks, reportedly resulting in $100K of double spending on the network.   Rough Couple of Months for Vertcoin In a detailed blog post, Coinbase security engineer Mark Nesbitt revealed that Vertcoin’s network went through repeated 51% attacks, with the largest reorganization having a length of 310 blocks and a depth of 307 blocks which, according to the specialist, may have caused double spends upwards of $100,000.

2018-12-4 13:00


Notes on Blockchain Governance

In which I argue that “tightly coupled” on-chain voting is overrated, the status quo of “informal governance” as practiced by Bitcoin, Bitcoin Cash, Ethereum, Zcash and similar systems is much less bad than commonly thought, that people who think that the purpose of blockchains is to completely expunge soft mushy human intuitions and feelings in favor of completely algorithmic governance (emphasis on “completely”) are absolutely crazy, and loosely coupled voting as done by Carbonvotes and similar systems is underrated, as well as describe what framework should be used when thinking about blockchain governance in the first place.

2018-7-21 23:03


Фото:

Kaspersky Warn Of The Potential Damage Caused By Mobile Miners

With more and more instances of malicious mining attacks, people are failing to recognise the problems that can be caused by this sort of activity. Often, these sorts of attacks can be seen as harmless, at the end of the day, they simply just utilise a small amount of your computing power, right? Whilst this may be the case, often, there is a great deal of principle that needs to be considered here.

2018-6-29 17:30