RATE Group | Hacker Livestreams 51% Attack on Bitcoin Private
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Hacker Livestreams 51% Attack on Bitcoin Private

14 Oct Hacker Livestreams 51% Attack on Bitcoin Private

Posted at 17:15h in Bitcoin News by

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Hacker Livestreams 51% Attack on Bitcoin Private

Mining

On Oct. 13, ethical hacker “Geocold” followed through on his promise to 51 percent attack an altcoin. He eventually settled on Bitcoin Private (BTCP), and quickly gained majority hashrate control, but the spectacle was fraught with setbacks, including censorship from two streaming services that pulled the plug.

Also read: Mischief-Maker Promises to Livestream a 51% Altcoin Attack

Censorship, Denial of Service and Revenge Attacks – and That Was Just for Starters

Geocold promised he would 51 percent attack an altcoin to prove how easy it was, and he did, but the attempt did not run as smoothly as he might have hoped. Over 750 viewers were tuned in, and the likes of Jackson Palmer live-tweeting the spectacle, when Twitch suddenly…

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