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Vertcoin Network Sabotaged by Another 51% Attack

The Vertcoin (VTC) blockchain was 51% attacked on Sunday, December 1, which saw 603 VTC blocks replaced by 553 blocks from the attacker. This is the second time the ASIC resistant Vertcoin chain was ambushed, as the network suffered a 300-block reorg a year ago. Also read: Cryptocurrency Projects Aiming to be ‘ASIC Resistant’ Have Little Success Vertcoin 51% Attacked Again Vertcoin, a fork of the Bitcoin protocol, is an alternative cryptocurrency that’s been around since January 2014. The community and developers behind the project believe VTC is different because...

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Published By: Bitcoin - 02-12-2019