The Network, Mining, Attack, Attack!, Miner, Database transaction

Bug in ‘Timelocked’ Bitcoin Contracts Could Spur Miners to Steal From Each Other

On Jun 1, 2020
@FintechBot shared
Bug in ‘Timelocked’ Bitcoin Contracts Could Spur Miners to Steal From Each Other https://t.co/q6uN9UWcuE by @Coindesk
Open

A widespread bug has compromised a special type of bitcoin transaction that is supposed to discourage miners from cheating, new research shows.

www.coindesk.com
On Jun 1, 2020
@FintechBot shared
Bug in ‘Timelocked’ Bitcoin Contracts Could Spur Miners to Steal From Each Other https://t.co/q6uN9UWcuE by @Coindesk
Open

Bug in ‘Timelocked’ Bitcoin Contracts Could Spur Miners to Steal From Each Other

Bug in ‘Timelocked’ Bitcoin Contracts Could Spur Miners to Steal From Each Other

A widespread bug has compromised a special type of bitcoin transaction that is supposed to discourage miners from cheating, new research shows.

Explained: 51 Percent Attacks on Bitcoin and Other Cryptocurrencies

Explained: 51 Percent Attacks on Bitcoin and Other Cryptocurrencies

One of the worst things to happen to a proof-of-work cryptocurrency is a 51 percent attack. Such attacks undermine the immutability—and consequently the trust—in a blockchain.

Report: Cryptocurrency hackers earned $20M with 51-percent attacks in 2018

Report: Cryptocurrency hackers earned $20M with 51-percent attacks in 2018

So far this year, hackers have executed at least five separate '51-percent attacks' on cryptocurrency projects, with profits amounting to almost $20M.

Bitcoin on brink of collapse after 'very scary bug' discovered in code

Bitcoin on brink of collapse after 'very scary bug' discovered in code

'We urge all network participants to upgrade to [the new software] as soon as possible,' said the cryptocurrency developer who discovered the bug

Bitcoin Congestion Reaches 95%; Fees Remain Relatively Low

Bitcoin Congestion Reaches 95%; Fees Remain Relatively Low

Bitcoin blocks experienced up to 95 percent congestion this month, but it didn't impact its transaction fees, which remain at around $0.1

Can Bitcoin Survive “China Mining Pool Attack” Without ChainLocks?

Can Bitcoin Survive “China Mining Pool Attack” Without ChainLocks?

Bitcoin may be vulnerable to an attack on mining pools based in China despite a decentralized enough hashpower, giving credence to technology like Dash’s ChainLocks even for large hashrate ...

51 Percent Attacks – What You Need to Know

51 Percent Attacks – What You Need to Know

A few of the main components that make blockchains an intriguing innovation is safety, verifiability,…

Ethereum expands blockchain capacity by 25%

Ethereum expands blockchain capacity by 25%

Ethereum has raised its gas limits, allowing for more transactions per block, but at what cost?

Op-Ed: Bitcoin Security — How Do We Arrive at Consensus?

Op-Ed: Bitcoin Security — How Do We Arrive at Consensus?

If the title sounds confusing, that's not surprising. I was trying to get creative and find a set of words that could express how I perceive most will react upon learning the theme of the