2022-11-14 17:24 |
Despite the inordinate amount of resources needed to engineer them, small-cap cryptocurrencies are still susceptible to a 51% attacks. origin »
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Bitcoin SV has been under the hammer of rogue actors in a series of attempted 51% attacks against the network. Where next for BSV?
Over 300 blocks were rolled back in the course of the 51% attack.
Three 51% attacks on the Ethereum Classic network have not yet made a significant impact on the price of its cryptocurrency.
Ethereum Classic was hit by another 51% attack on Aug. 29, making it the third attack on the blockchain this month. Various organizations in the crypto community have responded to the attack. ETC Cooperative has advised miners and exchanges to keep confirmation requirements high, which will prevent the attacker from making use of their ill-gotten gains.
Ethereum Classic suffered two 51% attacks in the same week. One week later, exchanges, investors and developers are split on the implications.