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Author Topic: 51% Attack - Grin and Beam  (Read 2503 times)

Offline Oxumare

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51% Attack - Grin and Beam
« on: November 09, 2020, 08:40:56 AM »
We learned more about the 51% attack with ETC. ETC has been attacked three times (if I remember correctly) so far.Now using the Mimblewimble privacy technology, Grin and Beam were exposed to this event.This attack is happening to networks using the PoW model. (Like a fearful dream)
It is not known how much coins they obtained in this attack with rental mining equipment.
What is interesting is that there has not been a decrease in the price of these coins for now.

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51% Attack - Grin and Beam
« on: November 09, 2020, 08:40:56 AM »

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Re: 51% Attack - Grin and Beam
« Reply #1 on: November 12, 2020, 05:25:04 AM »
why did this attack happen? is it because of a weak network security system? or a clever hacker exploiting bugs
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