07 Mar Bitcoin Gold Whale Allegedly Controls Half the BTG Supply
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According to a recent study, bitcoin gold (BTG) market prices are being manipulated by a single whale who holds a significant portion of the bitcoin gold in circulation. The Bitcoin Gold network was recently hit with a 51% attack that caused two blockchain reorganizations. The team of BTG developers introduced a new soft fork concept called a “Cross-Chain Block Notarization Protocol” (CCBN) in order to thwart any 51% attacks going forward.
Also read: Bitcoin Gold 51% Attacked – Network Loses $70,000 in Double Spends
Bitcoin Gold Developers Propose Notarization Protocol to Stop Future 51% Attacks
The forked cryptocurrency known as bitcoin gold (BTG) has been capturing the attention of the crypto community lately for a number of reasons. During the last week of January, the Bitcoin Gold blockchain was 51% attacked and malicious miners were able to double spend around $72,000 worth of BTG at the time. Just like the last time BTG was attacked and
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