A University Student Is Able to Conduct a 51% Attack on Crypto?

A college student, who is also a big crypto fan known under the pseudonym

geocold51, has made a loud statement, namely he claimed that most current altcoins are in danger of 51% attack, a malicious mining activity.

To prove his point, geocold51 decided to organize a live stream of his own attempt to conduct such an attack. He was going to do it purely for demonstrative purposes. This news raised interest among the crypto community, even the creator of Dogecoin watched the stream.

(thread) Live-tweet commentary on the 51% attack stream that's currently live at https://t.co/Lf3kOCycP5 — Jackson Palmer (@ummjackson) 13 октября 2018 г.

Unfortunately, the student couldn’t perform the attack as he intended to, but he promised to try one more time.

We remind you:

Subscribe to The Coin Shark news in Facebook:

https://www.facebook.com/coinshark/

https://thecoinshark.net/the-police-of-california-arrested-a-college-student-who-stole-5-million-worth-of-crypto/