Website Outlines The Cost of 51% Attack on Altcoins: It’s Lower Than You Think

By admin , in 51% attack Mining News on May 29, 2018 . Tagged width: bitcoin , cardano , coin , crypto , currency , eos , ethereum , exchange , iota , litecoin , news , ripple , sia , superdollar , zcash

A website has been created that estimates the cost of a 51% attack on different cryptocurrencies, allowing attackers to maliciously double spend, meaning to spend the same balance twice. The site developer who goes by /u/xur17 on Reddit spoke to CCN about their motivation for creating the site: “There was an attack against Bitcoin Gold a

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