Double Spend Attacks ‘Unrealistic’ on Blockchains with High Hashrate: Bank of Canada Research

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Double Spend Attacks ‘Unrealistic’ on Blockchains with High Hashrate: Bank of Canada Research
A newly-published study from the Bank of Canada on incentive-based mining has confirmed what many cryptocurrency supporters have long argued: the risk of double spend attacks is relatively low on high-hashrate networks like Bitcoin and Ethereum, though smaller networks may not be quite so safe. The study, which was conducted by Jonathan Chiu and ThorstenThe post Double Spend Attacks ‘Unrealistic’ on Blockchains with High Hashrate: Bank of Canada Research appeared first on CCN For Further Information Click on Below Button
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