In 2018 Bitcoin Gold lost $18 million to this kind of attack, the largest such theft in the industry.
https://www.bitcoinwednesday.com/videos/51-percent-attacks-martin-kuvandzhiev-bitcoingold/
During Bitcoin Wednesday on 6 March, 2019, core developer Martin Kuvandzhiev gave this presentation on key vulnerabilities of blockchain technology, and especially the 51% attack.
His talk covers the cross-chain notarization technique for protecting against future attacks.
In this separate interview he gives even more details about the attack, including his dialogue with the exchange Bittrex where the theft was executed and the NiceHash cloud-mining service which may know the identity of the attacker.
https://www.bitcoinwednesday.com/videos/interview-martin-kuvandzhiev-bitcoingold-fallout-51-attack/
Check out his profile here:
https://www.bitcoinwednesday.com/speakers/martin-kuvandzhiev-co-founder-bitcoin-gold/
And look here for the complete conference program, Blockchain Use Cases, Enterprise Edition:
https://www.bitcoinwednesday.com/events/bitcoin-wednesday-69/
Sign up for our next event at:
https://www.meetup.com/BitcoinWednesday/
Connect with Bitcoin Wednesday on social media and stay tuned for the latest updates, knowledge and more:
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And look here at the complete conference program:
https://www.bitcoinwednesday.com/
Sign up for our next event at:
https://www.meetup.com/BitcoinWednesday/
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