Bitcoin Cash network is strongly centralized

Bitcoin Cash network is strongly centralized
A few weeks after the announcement of the attack on the Bitcoin Cash network, a group of Bitpico hackers reported that altcoin suffers from massive centralization of nodes. A screenshot was published showing that 98% of IP addresses are physically located close to each other, according to the CCN website.
Network BCH annually spends $ 1.2 million on nodes
Then a group of hackers estimated that the launch of each of the nodes cost the Bitcoin Cash network approximately $ 100, while the estimated monthly costs were $ 100,000. According to ...
Read more about "Bitcoin Cash network is strongly centralized" on coinatory.com

Comments

Popular posts from this blog

Notcoin Launches Major Airdrop Campaign on Telegram, Distributing 80 Billion Tokens

Tether Achieves Record $4.5 Billion Profit in Q1 2024 Amid Surging Treasury Holdings

Cryptocurrency Market Fluctuates: Fear and Greed Index Drops to Fear Level