2018-6-18 08:21 |
In the case of currencies using the Equihash algorithm, it seems a large amount of the combined hashrate is provided by ASIC hardware.
It’s a worrisome development which could introduce a lot more 51% attacks in the future.
The Future of Equihash May Be in Peril
Cryptocurrency enthusiasts all over the world have witnessed an influx of 51% attacks over the past few months.
Although the full repercussions of these developments remain unclear, it seems highly likely that more 51% attacks are looming around the corner.
Close to 30% of the entire Equihash hashrate comes directly from ASIC devices, which is a rather worrisome development, all things considered.
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