This attack can’t be performed if LTC is using the MTP as the most recent timestamp in the difficulty calculation (like Zcash does). Due to the powLimits of 1/4 and 4x, it appears the ZeitGeist attack is still possible in Litecoin despite “the hole” in BTC’s window being filled. TheRead More →

crypto

Bitcoin’s hash rate reached new all-time highs this month prompting well-known industry figures to renew calls for future price increases. KEISER: ‘PRICE FOLLOWS HASHRATE’ Data from Blockchain.info confirms that Bitcoin network hashrate continued growing this year despite prices conversely remaining suppressed and the transaction volumes declining. Hashrate refers to the total computing power ofRead More →

Crypto

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 →