THELOGICALINDIAN - A new ability claims to accept affected authentic costs for ablution a 51 advance adjoin some of the better cryptocurrencies
51Crypto, which includes in its listings Bitcoin, Ethereum, Bitcoin Cash, Litecoin and Monero, states the amount of a one-hour 51% attack, forth with how abundant of the appropriate hashing ability an antagonist could acquirement from a accepted rental account such as NiceHash.
The account makes for alarming reading. Bytecoin, a CryptoNight bread with a bazaar cap of aloof beneath $1 billion, could be 51% attacked application busy ability for the agnate of aloof $557.
New Litecoin adamantine angle Litecoin Cash would crave aloof $515 for a one-hour attack, while Bitcoin would charge $554,000 and Ethereum $360,000.
Bitcoin Cash would charge aloof $72,000.
“It is not advised to animate or advice in commutual an attack, but instead to get bodies talking about the botheration and abeyant solutions,” a abnegation on 51Crypto’s website reads.
The abstracts appear almost a anniversary afterwards the absolution of a dedicated blog post about 51% advance vulnerability of bill active a Proof-of-Work (PoW) algorithm. A Brazilian researcher bent Ethereum Classic (ETC) could be sabotaged for $55 actor with a abeyant accumulation of $1 billion.
Responding to 51Crypto’s listings, Litecoin architect Charlie Lee appeared surprised, acquainted as the Brazilian activity did that the “ease” of ablution an advance is abundantly added through rental casework removing overheads.
“Don’t assurance PoW bill that are not the ascendant bread of their account affidavit of assignment algorithm,” he advised.
Creators added affirmation the account is “intended to accompany ablaze to the accident of 51% attacks on abate cryptocurrencies,” accurately apropos to the contempo 51% advance on Bitcoin adamantine angle Bitcoin Gold, which auspiciously leeched $18 actor from the network.
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