April 25, 2024

GRIN was attacked 51%

GRIN was attacked 51%

The private cryptocurrency Grin, built on the Mimblewimble protocol, was attacked by 51%.

According to 2Miners tweet from 7November, unknown captured 57.4% of the total hash-power network Grin on Saturday morning.2Miners controlled only 19.1%, and sparkpool miners produced about 19% of hash capacity.

When a group of miners controls more than 50% of the network's computing power, it canAccording to GrinScan, on November 7 at 11:17 p.m., the attackers managed to reorganize at least one block.

The price of Grin tokens has hardly changed since the news of the attack.Grin has fallen only 1.3% in the last 24 hours.

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Based on materialscointelegraph.com