Detail Analysis
Date:
Status:
Incident Count:
January 28, 2020
Verified
4
Contributor:
zerofriction.io
KYC By:
KYC:
None
Audit By:
Audits:
None
Loss Amount:
-
Recovered Amount:
-
Currency:
Dollars
Key Indicators
Platform:
Type:
Category:
Method:
Data Sources:
Bitcoin Gold
Network
Chain
51% Attack
Extended Method:
51% attack
The team only revealed the attempted network takeover to the public after the unknown attacker, which had been mining blocks since July 1, released 1,300 blocks late Friday night. Developers had circulated an update that featured a checkpoint at block 640,650 on July 2. That checkpoint prevented the attacker’s chain from taking over the honest chain, they said Friday. “The majority of honest pool hashpower continues to mine on the honest chain,” website maintainer CryptoDJ said in the post.
According to the cryptocurrency's official website, there are only 108 bitcoin gold nodes in the world. Nearly 30% of them are in Germany. Bitcoin Gold communications director Edward Iskra told CoinDesk that these only represent immediately responsive nodes, and not ones that don't allow incoming connections.
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