First Mover: Bitcoin Acts Like a Tech Stock and Ethereum Classic Traders Shrug Off 51% Attacks
Market onlookers are scrabbling for a new narrative as some argue last week's tech rout might explain bitcoin's latest price drop.
From a Proof-of-Work perspective, both chains are valid. Which will win?
A 51% attack occurs when a miner (or miners) acquires more than 50% of the network's mining hash power and takes control of the network.
Verge has been hit by a massive 560,000-block reorganization.
A solution being implemented to safeguard against so-called 51% attacks on the Ethereum Classic (ETC) network may not be as secure as suggested, according to a new analysis.
An accessible, in-depth look at what's really at risk when Proof-of-Work or Proof-of-Stake blockchains suffer the dreaded 51% attack.