The Monacoin network was attacked

The Monacoin network was attacked
In the period from May 13 to May 15, the Japanese Monacoin cryptocurrency was affected by a network attack, which resulted in damage of $ 90,000. This is reported by CCN.
The publication believes that this was a mining attack when one miner successfully mines the block on the blockchain but does not transfer the new block to other miners. If he finds the second block, before the others find any new blocks, then he can create a new longer chain of blocks in the Monacoin network. When he makes his longer chain public, he will annihilate all ...
Read more about "The Monacoin network was attacked" on coinatory.com

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