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ID:

bitcoin-gold-545

Date:

Status:

Incident Count:

January 28, 2020

Verified

4

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REKT

Contributor:

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zerofriction.io

KYC By:

KYC:

None

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Audit By:

Audits:

None

Loss Amount:

-

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Recovered:

-

Rewards:

Currency:

USD

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Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Bitcoin Gold

Network

Chain

51% Attack

Extended Method:

51% attack

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Days in Operation:

0

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The team only revealed the attempted network takeover to the public after the unknown attacker, which had been mining blocks since July 1, released 1,300 blocks late Friday night. Developers had circulated an update that featured a checkpoint at block 640,650 on July 2. That checkpoint prevented the attacker’s chain from taking over the honest chain, they said Friday. “The majority of honest pool hashpower continues to mine on the honest chain,” website maintainer CryptoDJ said in the post.
According to the cryptocurrency's official website, there are only 108 bitcoin gold nodes in the world. Nearly 30% of them are in Germany. Bitcoin Gold communications director Edward Iskra told CoinDesk that these only represent immediately responsive nodes, and not ones that don't allow incoming connections.

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