EBA Sees 51% Attack as Bitcoin’s Biggest Threat

By June 17, 2015Bitcoin Business

EBA official reminds community of prevailing 51% threat

Says it is the biggest problem for Bitcoin

Back in June 2014, Bitcoin mining operator GHash.io had almost come close enough to capturing the 51% of the Bitcoin’s mining hashrate , causing a heated debate within the digital currency community about Bitcoin’s vulnerability to potential centralization.A theoretical aspect of centralized mining network is its potential to being manipulated by its biggest pool. As experts believe, obtaining […]

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