The Daily Hodl
2020-04-14 07:04:35

It Now Costs $641,011 Per Hour to Attack the Bitcoin (BTC) Network – Here’s How Altcoins Are Holding Up

New numbers show just how much money it would take to launch 51 percent attacks on Bitcoin (BTC) and other proof-of-work (PoW) cryptocurrency networks. PoW is a protocol used by many blockchains to keep networks secure and to validate transactions, preventing attacks by enabling a distributed consensus of trustless transactions. A 51 percent attack happens […]The post It Now Costs $641,011 Per Hour to Attack the Bitcoin (BTC) Network – Here’s How Altcoins Are Holding Up appeared first on The Daily Hodl.

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