Do Ethical 51% Attacks Help or Hurt Cryptocurrency?

in #cryptocurrency6 years ago


A person who calls himself Geocold attacked Bitcoin Private the other day with a 51% attack to demonstrate how easy it was.

Do you think these kind of attacks help cryptocurrency?

Referenced:

Hacker Livestreams 51% Attack on Bitcoin Private - https://news.bitcoin.com/hacker-lives...

Crypto 51% Comparison Table - https://www.crypto51.app/

Bitcoin Private on Twitter - https://twitter.com/bitcoinprivate

Be sure to leave a comment below and give your opinion on this topic.

Also, if you haven't already subscribed, please click the subscribe button so you stay up to date with my latest cryptocurrency videos.

Kevin

OBVIOUS DISCLAIMER IS OBVIOUS: I am not a financial advisor. My opinions are my own and it is the responsibility of everyone to do their own research for every coin they invest in.

SafeCoin

In June 2018 I joined the SafeCoin project https://safecoin.org/

Find out why at

...

Buy Cryptocurrency

Exchange USD, GBP, EUR, and more, to Bitcoin and other popular Cryptocurrencies.

CoinBase - https://www.kevinmuldoon.com/go/coinbase

Cryptocurrency Wallets

Protect your cryptocurrency with hardware wallets.

Ledger Nano S

Amazon USA - https://amzn.to/2HHzxlm
Amazon UK - https://amzn.to/2HY8tTj

Trezor

Amazon USA - https://amzn.to/2raFJMu
Amazon UK - https://amzn.to/2FXs9k6

KeepKey

Amazon USA - https://amzn.to/2JFWzto
Amazon UK - https://amzn.to/2K0Amqs

Buy HashPower

Don't have a mining rig? Don't worry, you can purchase hashpower from others and use their equipment to mine the coins you want.

NiceHash - https://www.kevinmuldoon.com/go/nicehash

Mining Rig Rentals - https://www.kevinmuldoon.com/go/minin...

Crypto Exchanges

A Selection of exchanges I have used and trust.

SafeTrade - https://safe.trade/ (Beta)

Binance - https://www.kevinmuldoon.com/go/binance

LiveCoin - https://www.kevinmuldoon.com/go/livecoin

HitBTC - https://www.kevinmuldoon.com/go/hitbtc

Kukoin - https://www.kevinmuldoon.com/go/kucoin

Nanex - https://nanex.co/


▶️ DTube
▶️ IPFS
Sort:  

Please verify this is your account on your official YouTube channel. You can post a link to your Steemit account in your description or leave a pinned comment on your latest video

I found the YT channel and no links to Steemit or Dtube

https://www.youtube.com/user/KevinMuldoonDotCom/videos

Congratulations @harto! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 1 year!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Coin Marketplace

STEEM 0.27
TRX 0.13
JST 0.032
BTC 65852.33
ETH 2958.72
USDT 1.00
SBD 3.73