Coinbase Confirmations Suggest Litecoin (LTC) More Vulnerable to 51% Attack
Coinbase Confirmations Suggest Litecoin (LTC) More Vulnerable to 51% Attack
(LTC) has diminished its status as a highly secure network, as the lowered hashrate following the reward halving is seen as a threat for double-spending. LTC was the only asset for which Coinbase increased the requisite number of confirmations from 3 to 6.
https://twitter.com/eth_classic/status/1193441159873347585
For (BTC), the requirement is for three confirmations, down from six previously, taking about 30 minutes. ZCash (ZEC) will now require just 12 instead of 18 confirmations.
(ETC) remains a problematic asset, as it ha…
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Source: investing.com
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