Bitcoin Gold Suffers Painful 51% Attack

Bitcoin Gold users recently discovered that their blockchain of choice had suffered a 51% attack, leading to significant losses. This attack, while unlikely in more established blockchains, remains a threat to most PoW coins. Find out how Dash has used their industry-leading technology to mitigate this ever-present threat in this episode of CATV.

Bitcoin Gold suffers 51% attack: https://cointelegraph.com/news/bitcoin-gold-blockchain-hit-by-51-attack-leading-to-70k-double-spend

Investopedia definition of 51% attack: https://www.investopedia.com/terms/1/51-attack.asp

Details of Dash’s Chainlocks feature: https://blog.dash.org/mitigating-51-attacks-with-llmq-based-chainlocks-7266aa648ec9

? Thanks for watching! Don’t forget to like, subscribe, and click the notification bell to receive notifications of all future CATV videos! Cheers. ?

⚡️ Keep up to date with all the exciting happenings in Dash. Follow Christopher (Tao) on social media!

Twitter: https://twitter.com/TaoOfSatoshi
Facebook: https://www.facebook.com/christopher.carruthers.12
Instagram: https://www.instagram.com/taoofsatoshi/

— DASH IS A BETTER MONEY FOR A BETTER FUTURE —

Dash, also known as digital cash, is a new concept in finance. It provides a way for people to maintain their economic freedom when powers seek to force people into trackable electronic transactions. Dash offers ease of use, privacy, security, and speed as you make purchases. Dash is also a decentralized autonomous organization, or DAO for short, supported by a P2P network of servers worldwide. There is a limit to the amount of Dash that will ever be created, so no central banking authority will be able to print Dash and create inflation which would subject your wealth to devaluation. It’s your hard-earned money, you have the right to see it maintain its value. Dash is a financial instrument that can impower people in developing countries who are unbanked. This will lead to increased productivity in these countries, and will aid them in purchasing items online. In first world countries, it can be considered an investment for now, worthy of the risk-taker’s portfolio. Accounting is easy with Dash, as all transactions feature instant settlement and recording on the blockchain. In the future Dash will offer savings accounts similar to banks, and a user experience similar to Venmo or Paypal.

In short, Dash is a better money for a better future, and I urge you to download a wallet and let me know you did!

??‍? Download a Dash wallet, and join Dash Nation. Wallets for your operating system can be found here: https://www.dash.org/wallets/

————- IMPORTANT DASH LINKS ———————-

? Official website:

https://www.dash.org

Dash communication channels:

?‍? Subreddits: https://reddit.com/r/dashpay and https://reddit.com/r/DashNation

?‍?‍? Dash Forum: https://www.dash.org/forum

? — Dash Nation on Discord — https://discord.dashnation.com
The premier place for Dash online communication and collaboration! Join us for live chat as we forge the future of digital cash!

Bitcoin Gold Suffers Painful 51% Attack

Related Post:

About The Author

Kane Dane