{"id":56381,"date":"2020-07-31T00:22:12","date_gmt":"2020-07-31T00:22:12","guid":{"rendered":"https:\/\/www2019.dash.org\/?p=56381"},"modified":"2021-09-18T11:41:42","modified_gmt":"2021-09-18T11:41:42","slug":"raising-the-security-bar","status":"publish","type":"post","link":"https:\/\/wp.dash.org\/news\/raising-the-security-bar\/","title":{"rendered":"Raising the Security Bar? Dash Claims a 51% Attack Is Not Enough"},"content":{"rendered":"
Dash recently\u00a0claimed<\/a>\u00a0it had been the world\u2019s safest cryptocurrency for a year due to its innovative technology called ChainLocks that allegedly makes a 51% attack nearly impossible. Fully implemented in early July 2019, ChainLocks has not yet seen any protocol capable of matching it \u2014 according to the Dash Core team.<\/p>\n Well-known Bitcoin (BTC<\/a>) educator\u00a0Andreas Antonopoulos<\/a>\u00a0recently\u00a0suggested<\/a>\u00a0that with the Bitcoin blockchain, a 10-minute 51% attack would cost around $1 billion \u2014 something that sounds unrealistic to achieve. But what makes\u00a0Dash\u2019s<\/a>\u00a0ChainLocks blockchain supposedly more secure, and what is the importance of this technology for the industry as a whole?<\/p>\n A 51% mining attack is possible when a miner, or group of malicious miners, has more hashing power at its disposal than the combined hashing power of all other miners on the network. Ultimately, it gains leverage to steal coins, cancel transactions and disrupt the operability of the………….<\/p>\n <\/p>\n Please read Full story at:<\/p>\n","protected":false},"excerpt":{"rendered":"Dash recently\u00a0claimed\u00a0it had been the world\u2019s safest cryptocurrency for a year due to its innovative technology called ChainLocks that allegedly makes a 51% attack nearly impossible. Fully implemented in early July 2019, ChainLocks has not yet seen any protocol capable of matching it \u2014 according to the Dash Core team. Well-known Bitcoin (BTC) educator\u00a0Andreas Antonopoulos\u00a0recently\u00a0suggested\u00a0that…","protected":false},"author":5,"featured_media":56382,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[216],"tags":[],"class_list":["post-56381","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"yoast_head":"\n51% attack: A lurking danger?<\/h2>\n