RE: EMERGENCY HARD FORK: Appx. 16M SWIFT WHICH BELONGED TO THE INFAMOUS SMARTNODE EXPLOITER ARE NOW REMOVED FROM THE TOTAL SUPPLY

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EMERGENCY HARD FORK: Appx. 16M SWIFT WHICH BELONGED TO THE INFAMOUS SMARTNODE EXPLOITER ARE NOW REMOVED FROM THE TOTAL SUPPLY

in swiftcash •  6 years ago 

Apologies if I missed the explanation, but what is preventing this from happening again on the new chain?

swiftcash
6 years ago by

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      ·  6 years ago 

    You mean the exploit? It's pretty difficult to do things like that in a blockchain that works based on Proof-of-Stake. The attackers will be need lots of stake and by hacking the chain, they will damage their own investment first.

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