Tag Archives: shattered

Now Bitcoin security guarantee shattered by anonymous miner with 51% network power

For the first time in Bitcoin’s five-year history, a single entity has repeatedly provided more than half of the total computational power required to mine new digital coins, in some cases for sustained periods of time. It’s an event that, if it persists, signals the end of crypto currency’s decentralized structure. Researchers from Cornell University say that on multiple occasions, ... Read More »

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