Two Miners Purportedly Execute 51% Attack on Bitcoin Cash(BCH) Blockchain


Bitcoin Cash

A recent 51% attack which took place in the Bitcoin Cash network, the price of Bitcoin Cash has appreciated against both USD and BTC and the attack was coordinated by both the and mining pools.

A 51% attack happens when somebody controls most of the mining power on a Proof-of-Work having a network of blockchain. This implies the larger part square verifier can keep different clients from mining and switch exchanges.

While many have accepted that a 51% attack would be done with a noxious goal, the above case occurred as the two mining pools endeavored to keep an unidentified gathering from taking a few coins that  because of a code update were basically “available for anyone.”

Cryptocurrency trading is creating a hype as days are passing and millions of traders invest millions of dollars in bitcoin.

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