51% Attack | ForkLog

ForkLog 6 15.02.2022

Monero community alarmed by potential 51% attack risk on the network

The Monero community has raised concerns about the concentration of mining power in the MineXMR pool. Some say this poses a potential risk of a 51% attack.

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ForkLog 8 20.01.2022

The future of multichains hinges on cross-chain bridges: an analysis of Vitalik Buterin’s theses

Specifically for ForkLog, deBridge Finance founder Alex Smirnov explained why 51% attacks are not a death sentence for cross-chain bridges. He is convinced that the future lies in full interoperability of blockchain ecosystems, rather than parallel existence without direct links.

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ForkLog 8 04.08.2021

Bitcoin SV network hit by 51% attack

In the Bitcoin SV network, a 51% attack occurred. The blockchain underwent a reorganisation to a depth of “tens” of blocks and split into three chains, according to Coin Metrics' network-data product manager, Lucas Nuzzi.

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ForkLog 7 16.02.2021

Verge network undergoes major reorganisation

On Monday, February 15, the Verge cryptocurrency network (XVG), whose payments are supported by the popular adult site Pornhub, underwent a major reorganisation of blocks.

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ForkLog 11 20.01.2021

Firo network hit by 51% attack

Firo, the privacy-focused cryptocurrency (formerly Zcoin), was subjected to a 51% attack. Developers urged users not to make transactions until the network returned to normal.

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ForkLog 8 07.12.2020

Analyst: Holding all Bitcoin forks could counter the threat of quantum computers

Back in December, a group of Chinese scientists created {{AOPEN_1}}prototype of a quantum computer{{ACLOSE_1}}, capable of processing data ten billion times faster than Google's 53-qubit device. Earlier, trader Ilya Meshcheryakov stated that cryptocurrency trading should begin with {{AOPEN_2}}defining an investor profile{{ACLOSE_2}}.

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ForkLog 13 29.11.2020

Thanos hard fork activated on the Ethereum Classic network

On Saturday, November 28, the Ethereum Classic network saw the planned Thanos hard fork. Its aim was to improve the security of this cryptocurrency following a series of recent 51% attacks.

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ForkLog 10 29.11.2020

Anonymous group of miners carried out a 51% attack on Bitcoin Cash ABC

The Bitcoin Cash ABC (BCHA) network, left in the minority after the recent hard fork, was attacked by unknown miners who for a time seized the majority of its hashrate.

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ForkLog 24 23.11.2020

Thanos hard fork planned for Ethereum Classic network

Ethereum Classic (ETC) developers announced a Thanos hard fork. It will take place on November 29 at block #11 700 000 and is designed to enhance network security after a series of recent 51% attacks.

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ForkLog 10 09.11.2020

Grin network hit by 51% attack

An unknown mining company gained control of 57% of the Grin network's hashrate, a privacy-focused cryptocurrency. The incident was reported by the 2Miners pool.

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ForkLog 3 30.09.2020

MIT researchers develop solution to prevent 51% attacks

Monitoring mining pools and hash-rate rental marketplaces could warn of potential attacks on blockchains. The solution was developed by researchers at MIT's Digital Currency Lab, according to The Block.

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ForkLog 13 15.09.2020

Japanese exchanges stop accepting Ethereum Classic amid a spate of 51% attacks

Cryptocurrency exchanges bitFlyer and Coincheck announced a pause in support for Ethereum Classic (ETC) after a string of 51% attacks.

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