Days in Operation:
The privacy coin project Firo stated on Twitter that it is currently under 51% attacks and it is recommended that users do not trade during this period until the network returns to normal. It seems over 300 blocks rolled back within the time it took for the 51% attacks to take control. Additionally, they alerted their users to the actual cause of the attack. The attack was in fact, caused by the nature of the Proof-of-Work (PoW) consensus and not due to a coding error. Firo’s team says it is currently working with pools and exchanges to resolve the issue.
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