Vertcoin has been experiencing ongoing 51% attacks, reportedly resulting in $100K of double spending on the network. Rough Couple of Months for Vertcoin In a detailed blog post, Coinbase security engineer Mark Nesbitt revealed that Vertcoin’s network went through repeated 51% attacks, with the largest reorganization having a length of 310 blocks and a depth of 307 blocks which, according to the specialist, may have caused double spends upwards of $100,000. The incidents started in
Despite the devastating 51 percent attack on Vertcoin, ASIC-resistance is a goal worth fighting for.
@wawing_exe @gertjaap @EdgeWallet The Vertcoin Core wallet is the wallet we recommend storing VTC in. The edge wal… twitter.com/i/web/status/1…
Merchant Mondays! We welcome @flubitweet as a #Vertcoin Merchant. Shop over a million products at Flubit and pay… twitter.com/i/web/status/1…
We are just waiting on paperwork to be finished for the Vertcoin Foundation! @jamesl22 and @Canen01 talk about wh… twitter.com/i/web/status/1…
.@jamesl22 explains why Forking a coin is not easy. We are getting ready to fork when #Verthash is released.… twitter.com/i/web/status/1…
Vertcoin #Development Update — October 2018 #ASICs and the current state of GPU mining, #Verthash algorithm update… twitter.com/i/web/status/1…
What some more information on why you need to #UPDATE your wallet? Watch this conversation @Canen01 and @jamesl22… twitter.com/i/web/status/1…
Please upgrade your wallets. $VTC #Vertcoin #Upgrade #crypto twitter.com/jamesl22/statu…
The Exchange Fund is going to be repurposed to help with the development of Verthash. @Canen01 and @jamesl22 expl… twitter.com/i/web/status/1…
Remember, if you are going to mine to a wallet, please use the #vertcoin Core Wallet. Download Here: github.com/vertcoin-proje…
#Merchant Mondays! Instead of paying with fiat for your next purchase, use this Monday initiative to pay with $VTC… twitter.com/i/web/status/1…
@Chepicap @vertpig Vertpig was a community project created independently of the #vertcoin Team. We're not affiliat… twitter.com/i/web/status/1…
#ICYMI Check out this awesome post by marketing member @thatmanonthe Four months later, this post is still very… twitter.com/i/web/status/1…
2 months ago
Vertcoin Explained | VTC Coin Review | Easy to Mine ASIC Resistant Cryptocurrency
This video explains what is Vertcoin. BlockWolf offers some personal opinions about future Vertcoin price predictions and why ASIC resistance may or may not ...
All of this "struggle" and discontent from the current community is nothing now. Expect more in the next few years
Could this penalty system make 51%-attacks more difficult? I know other solutions, masternodes, snapshots, dPoW etc. are out of the question because they compromise decentralization. But this seems helpful. Thoughts?