Privateness-centric blockchain network Grin (GRIN) is undergoing a 51% assault, an match by which a miner (or miners) acquires larger than 50% of the network’s mining hash vitality and takes attend watch over, in step with a undercover agent at the bottom of the Grin protocol’s net site.
- Per 2miners.com, which is guilty for 19.1% of the fresh hashpower on Grin, the unknown miner(s) grabbed attend watch over of 57.4% of the network’s hashpower.
- While the assault is underway, the protocol is warning users to await additional confirmations on transactions for price finality.
- Grin, which modified into once the first cryptocurrency to test privateness protocol MimbleWimble, drew an estimated $100 million in project capital to mine it, modified into once once known as “Bitcoin 2.0.”
- GRIN coins had been down 2.23% to $0.235 at press time.