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Dogecon • June 21-24, 2018
Dogecon Vancouver 2018 is a weekend celebration of the social layer of crypto culture, embracing memes and tweetstorms as the…
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Tag: 51 Percent Attack
Bitcoin Gold to Implement New PoW Algorithm Preventing Future 51 Percent Attacks
Category: Altcoins, Mining, News, Tech
Bitcoin Gold (BTG) will switch to a new Proof-of-Work (PoW) algorithm after the recent 51 percent and double spending attack on the protocol. ASIC Miners to Face Unprofitable Times In an official announcement on June 4, 2018, the BTG organization laid out changes to their blockchain expected in the upcoming network upgrade to be accomplished via a “Hard Fork.” The…
Research: Smaller Cryptocurrencies like Bitcoin Private are Trivial to 51 Percent Attack
Category: Altcoins, Bitcoin, Commentary, Ethereum, News, Tech
While blockchain technology is famous for its secure, immutable framework, the thousands of overlying cryptocurrencies do not display equal characteristics. A recently conducted research goes on to show the depths of this concerns and concludes that a billion-dollar cryptocurrency network could be brought down with a few million dollars, and a little technical work. Algorithms Tremendously Exposed As per a…
