Privacy-Centric Cryptocurrency Firo Suffers 51% Attack on Its Network – Altcoins Bitcoin News
Privacy-Centric Cryptocurrency Firo Suffers 51% Attack on Its Network The proof-of-work (PoW) cryptocurrency Firo announced that its protocol came under a 51% attack, notifying its holders to stop transactions. Formerly known as Zcoin, the privacy coin was reportedly subject of a blockchain reorganization attack. Firo Team Clarified the Attack Cannot Be Attributed to a ‘Coding Error’ According to a series of tweets published by Firo, the attacker breached the protocol on January 19, and they are working to restore operations. However, the Firo team clarified that the 51...
Source: bitcoin.com