Analytics / Forex and Crypto News
After studying 26 cryptocurrencies, experts concluded that almost all of them can be subject to attack 51%. The vulnerability of the cryptocurrencies lies precisely in their PoS algorithm. In this case, users can complete the work of other nodes, thereby capturing more than 51% of capacity. This will provide an opportunity to gain control over the operations performed in the general network.
Analysts emphasize that various forks are created so carelessly that their source code has many vulnerabilities. Moreover, this suggests the presence of even greater vulnerabilities than their original counterparts.
This kind of "holes" marked as FakeStake. Their peculiarity is that the blockchain doesn’t have enough mechanisms for determining user rights. As a result, professionals can cause a failure of the equipment of a competitive user, thereby forcibly ending his work in the network.
Specialists presented a list of vulnerable digital currencies. Professionals call for caution in working with such cryptocurrencies.
During November, ICO-projects sold 416K ETH. This is the largest figure since the summer, reports Trustnodes.
According to Santiment, in August, ICO startups sold only 100,000 ETH. In September, sales of digital currency increased significantly, reaching 300 thousand ETH. In Nov