Verge Is Forced to Fork After Suffering a 51% Attack
news.bitcoin.com
by Kai Sedgwick
April 5, 2018
Excerpt:
Verge, a ”privacy coin” famed for the zealotry of its community, has fallen prey to a 51% attack. A malevolent miner gained majority control of the network hashrate, a feat that makes it possible for the controlling entity to modify transactions, calling the integrity of the entire blockchain into question. Around 250,000 verge were stolen by the attacker, forcing the project team to prepare a hard fork.
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Read entire article: https://news.bitcoin.com/verge-is-force ... 51-attack/
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