Is The ETC 51% Attack A Call For New Security Models

There is one question that still lingers in the air which is, are decentralised systems naturally vulnerable to 51 percent attacks? The recent attack against the Ethereum Classic network shows that there are limits of decentralisation and flaws in the current processes of securing digital assets and hints at the ways that these risks can be calculated. 51% attacks Currently, […]

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Bitcoin [BTC]: 51% attack is really hard, says core developer

Earlier this week, Ethereum Classic turned out to be the most controversial cryptocurrency in the market. The leading coin was under the community’s scrutiny as its blockchain succumbed to a deep chain reorganization that included double spend. The announcement regarding the 51% attack was first made by Coinbase, a leading cryptocurrency exchange platform in the US, stating that they have stopped […]

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Will Bitmain Stage a 51% Attack on the BTC Network?

The Chinese mining company Bitmain now controls over 40% of the BTC hashing power. This means that the company is approaching the hashing power required to control the Bitcoin network and – if it pleased – stage a 51% attack. According to data collected by Coin Dance the two mining pools owned by Bitmain, BTC.com and Antpool, have had a combined hashrate of 42% of […]

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Warren Buffett: $10,000 invested in an index fund when I bought my first stock in 1942 would be worth $51 million today

Warren Buffett says that if someone invested $10,000 in an index fund back in 1942, it would be worth $51 million today. Since that time, Buffett says that Americans have seen 14 U.S. presidents, a world war, 9/11 and the Cuban Missile Crisis. Billionaire investor Warren Buffett told CNBC on Monday that if someone invested $10,000 in an index fund […]

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