Dangerous Bitcoin & Bitcoin Cash Hack That No One Talks About

bitcoin
tenx
bitcoincash

#1

Dr. Juian Hosp describes in detail a dangerous attack that a large Bitcoin mining pool could pull off using a 51% attack against Bitcoin Cash and double-spend a large amount of cryptocurrency. This is not just a theoretical attack because some of the huge mining Bitcoin pools may not have the hashing power to do this on Bitcoin network, however they do have greater than 51% hashing power on the Bitcoin Cash network due to the smaller size of that network:

(Ouch, sorry @john I thought I was first on this one. It’s a duplicate of:


)