Blockchains | Cryptocurrencies | Web3 Resource logo Blockchains | Cryptocurrencies | Web3 Resource logo
Bitcoinist 2020-02-10 21:23:36

Does Monero Have a Serious Centralized Mining Problem?

Right now, just 2 mining pools control over 60% of Monero’s network hashrate, but just how serious is this problem? Is Monero vulnerable to a 51% attack? Monero, the privacy coin that was once led by Riccardo Spagni, aka Fluffy Pony of Magical Crypto Friends, is showing a high level of mining pool dominance at the moment. In the past, Monero’s developers have hard-forked the network to prevent the development of viable Application Specific IntegratedRead More The post appeared first on Bitcoinist.com.

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer