Tag: 51% attack

Bitcoin Gold ASIC

Bitcoin Gold Announces Shift to New ASIC Resistant Algorithm

Bitcoin Gold, the bitcoin fork that was supposedly created to move bitcoin away from mining centralization and ASICs has just announced that they will be changing their mining algorithm to resist new Equihash ASIC miners. The new algorithm, called Equihash-BTG,...

/ June 13, 2018 / 0 Comments
Gamecredits & Komodo

GameCredits Uses Komodo Platform to Fight 51% Attacks & Secure Network

GameCredits, a proof-of-work cryptocurrency project that has previously suffered a 51% attack has announced their plan to combat the threat. The group will be leveraging the Komodo blockchain through use of a cross blockchain notary system that causes the two...

/ June 7, 2018 / 1 Comment
51% Attack Calculator

51% Attack Calculator: New Site Exposes Major Weaknesses in Small Coins, Shocks Community

Just a few hours ago, a link to a website appeared on Reddit that shows roughly what it would cost to perform a 1-hour 51% attack on various proof-of-work cryptocurrencies like Bitcoin and Ethereum. The site also lists a number...

/ May 29, 2018 / 0 Comments