Blockchain Technology Will Be ‘Obsolete,’ Says Prominent Geopolitical Forecaster

Adam James · June 17, 2018 · 10:00 am George Friedman, a well-respected Hungarian-born U.S. geopolitical forecaster and strategist on international affairs, believes blockchain technology will eventually become “obsolete” — and he may be right. ‘It’ll be Obsolete’ Geopolitical forecaster George Friedman thinks the blockchain’s days are numbered. Friedman explained his view of Bitcoin’s underlying technology […]

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Hack Bytecoin for $557: New Findings Reveal Cost Of 51% Attacks

Wilma Woo · May 29, 2018 · 7:30 am A new resource claims to have calculated “accurate” costs for launching a 51% attack against some of the largest cryptocurrencies. Hack Bytecoin for $557 51Crypto, which includes in its listings Bitcoin, Ethereum, Bitcoin Cash, Litecoin and Monero, states the cost of a one-hour 51% attack, along […]

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51% Percent Attacks: Hacking a $2 Billion Dollar Cryptocurrency for Less Than $1.5 Million

Matthew Hrones · May 27, 2018 · 7:00 am Some PoW currencies are using the same mining algorithms as their larger counterparts, making it much easier to hack the smaller networks with a 51% attack. Network Security Blockchain technology is revered as being a completely secure system, but that isn’t necessarily the case. The tech […]

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