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TRON Leaving Ethereum, Transitioning To Own Blockchain
Altcoins
TRON Leaving Ethereum, Transitioning To Own Blockchain
TRON, the tenth largest cryptocurrency, has announced that it will launch its very own public blockchain today on May 31. This release comes as part of a major transition that TRON is currently undergoing, where it intends to move from the Ethereum blockchain on which it is presently based to an independent blockchain. This project is a significant undertaking and will involve token migration as well as major work related…
Cost of a 51% Attack on Altcoins is Disturbingly Lower Than People Thought
Altcoins
Cost of a 51% Attack on Altcoins is Disturbingly Lower Than People Thought
Attackers all over the world will not need to crack their brains anymore if a hack on a cryptocurrency network is worth it. Attackers can thank a new website which estimates the total cost for hacking and taking over 51% of an altcoin network. The most common way of taking over 51% of the cryptocurrency network is by using a method called double spend. Double spend, however, requires effort and…
‘High-Risk Vulnerabilities’ Discovered Within the EOS Blockchain 4 Days Before Mainnet Launch
Altcoins
‘High-Risk Vulnerabilities’ Discovered Within the EOS Blockchain 4 Days Before Mainnet Launch
Leading Chinese digital security firm Qihoo 360 reported of detecting a series of “epic” security vulnerabilities in the EOS network early on March 29th. These faults could allow potential attackers to gain remote access and control over any EOS node, which could have resulted in disastrous repercussions for the whole EOS network. Since the attackers would be able to control any EOS node, simply said they could do whatever they…
Bitcoin Cash Fork Renamed ”Bitcoin Core” Seemingly To Cause Maximum Confusion
Altcoins
Bitcoin Cash Fork Renamed ”Bitcoin Core” Seemingly To Cause Maximum Confusion
Bitcoin Core is a term often used by Bitcoin Cash enthusiasts concerning Bitcoin, the most popular cryptocurrency in the world. Bitcoin Cash and Bitcoin can be confusing in their own right, however, this confusion is being added to by a new Bitcoin Cash offshoot called ”Bitcoin Core” – the same name used by some in relation to the widely adopted Bitcoin (BTC) cryptocurrency. Some are voicing suspicions that this might…