Over $70,000 Double Spent As Bitcoin Gold Experiences Its Second 51% Attack

avatar

Shared From Dlike

New information indicates that Bitcoin Gold experienced a 51% attack last week. A total amount of over $70,000 was double-spent, which raises questions regarding its security since this is the second similar attack on the network.

A 51% attack occurs when a single organization or entity takes control of the majority of a particular network’s hash rate. Once its executed, the perpetrators have control over the transactions to modify the ordering, prevent them from being confirmed, reverse them, or facilitate double-spending.


Shared On DLIKE

dlike hive-116221 bitcoin cryptocurrency cryptopotato
0
0
0.000
6 comments
avatar

According to the Bible, Why was Jesus Christ baptized despite being sinless? (Part 1 of 2)

(Sorry for sending this comment. We are not looking for our self profit, our intentions is to preach the words of God in any means possible.)



Comment what you understand of our Youtube Video to receive our full votes. We have 30,000 #SteemPower. It's our little way to Thank you, our beloved friend.
Check our Discord Chat
Join our Official Community: https://beta.steemit.com/trending/hive-182074

0
0
0.000
Reply
avatar

Hi, @khalil319!

You just got a 0.04% upvote from SteemPlus!
To get higher upvotes, earn more SteemPlus Points (SPP). On your Steemit wallet, check your SPP balance and click on "How to earn SPP?" to find out all the ways to earn.
If you're not using SteemPlus yet, please check our last posts in here to see the many ways in which SteemPlus can improve your Steem experience on Steemit and Busy.

0
0
0.000
Reply
avatar

Source
Copying/Pasting full or partial texts without adding anything original is frowned upon by the community. Repeated copy/paste posts could be considered spam. Spam is discouraged by the community and may result in the account being Blacklisted.

If you believe this comment is in error, please contact us in #disputes on Discord

0
0
0.000
Reply