How much computing power as well as money is required to carry out a 51% attack on a blockchain like that of Litecoin which uses PoW as its protocol? Blockchains using the PoW consent protocol (Proof of Work) use the computing power of machines to secure data and the network that hasRead More →


Verge, a ”privacy coin” has fallen victim to a 51% attack. A malevolent cryptominer gained majority control of the network hashrate, a feat that makes it possible for the controlling entity to modify transactions, calling the integrity of the *entire blockchain* into question. Around a quarter million verge (xvg) wereRead More →