A Bitcoin Gold (BTG) double spend attack was successfully accomplished last week, and there’s concern that the attack may not be over yet. Are these concerns valid? Here’s what’s happening.
The Bitcoin Gold (BTG) Double Spend Attack
A malicious miner was able to take temporary control over the Bitcoin Gold network by scooping up 51% of the total hashpower.
Once they had control of the network, the miner started depositing Bitcoin Gold (BTG) into crypto exchanges and then immediately sending those deposits to a wallet they owned. Because the miner held the majority of …
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