New: fiftyonepercentattackAll contenthive-129948krhive-196917hive-183959zzanhive-180932hive-185836hive-166405hive-144064steemhive-150122hive-101145uncommonlabhive-188619hive-145157hive-183397hive-184714bitcoinkrsuccesshive-193637lifehive-180301hive-103599motivationhive-139150TrendingNewHotLikerssuburbancaveman (44)in fiftyonepercentattack • 6 years ago51% Attack Mitigation Penalty System by Horizenlembach3d (36)in pob • 7 years agoPOB Proof of Bitcoin and 51 percent Attack(updated) Hello recently the infamous 51% Attack has become all too common. Before, it was just a theoretical possibility. But since it happened to verge and the price did not drop to zero…ackza (72)in cryptocurrency • 7 years agoProof of Work coins like Bytecoin can now be 51% attacked for just $500? Bitcoin private for only $700? New Website shows which POW coins can be 51% attacked for cheap! DPOS is the future!So on news.bitcoin.com today AND on Ivan on Tech we see everyone talking about the 51% attack Double Spend potential of attacking a chain by having MORE hashing power and the LONGEST chain wins and…nosacapital (48)in proofofwork • 7 years agoWhy Proof-of-work isn’t suitable for small cryptocurrenciesIt seems that proof-of-work (PoW), the consensus protocol behind Bitcoin, isn’t ideal for smaller cryptocurrencies, because they’re far more vulnerable to what are called 51 percent attacks. At…yongdaek (30)in kr • 7 years agoPoW에 대한 51% 공격최근 들어 51% 공격을 당하는 PoW들이 늘어나고 있습니다. 때마침 이런 것을 분석한 논문이 있어서 간단하게 공유하고자 합니다. 복잡한 분석은 아니고 과거에 페북에서 이야기를 했듯이 시작한지 얼마되지 않은 PoW에 대한 51% 공격을 하기 위한 복잡도는 매우 낮다는 설명을 하고 있습니다. 우리나라에도 PoW 기반 Coin들이 많이 나오고…