BSV is said to be attacked by a “huge” 51 percent attack

Bitcoin SV reportedly suffered a huge 51% attack round 11:45 a.m. on Tuesday, which resulted within the simultaneous mining of up to three variations of the chain.

Coin metrics from analytics suppliers Confirmed Tuesday afternoon when its Farum threat administration platform recognized a 51% attack.

FARUM found a 51 percent attack on the BSV community at round 11:45 a.m. EDT at present. https://t.co/Oy19UDw53t https://t.co/T3MMRHqPe8

– CoinMetrics.io (@coinmetrics) August 3, 2021

Attack data has been added Authentication by Lucas Nuzzi, a community information product supervisor at Coin Metrics. “Someone is seriously trying to kill BSV,” he tweeted, including:

“In greater than 3 hours, the attackers had been ready to take over the chain. All exchanges that made BSV deposits throughout this time may have been issued twice. “

At the time of writing, it was unclear whether the attack was over or the perpetrator was just resting.

BSV experienced a massive attack of 51%.

After an attack attempt yesterday, serious hash power was unleashed today at 11:46 a.m. and the attackers succeeded.

More than a dozen blocks are reorganized and up to 3 versions of the chain are broken down at the same time via pools.

– Lucas Nuzzi (@LucasNuzzi) August 3, 2021

Bitcoin SV is the result of a large controversial hard fork of the Bitcoin Cash (BCH) blockchain in November 2018. BSV has exactly the same monetary policy as BCH and Bitcoin (BTC), although the fork is the result of disagreements with the Bitcoin Cash community affect a number of issues of suggestions to make transactions more efficient.

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