Bitcoin Forum
June 16, 2019, 07:44:27 AM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [2016-09-06] 51 Percent Attack hits Krypton, Moves to Bitcoin-based PoS...  (Read 205 times)
BTCManagerOfficial
Full Member
***
Offline Offline

Activity: 210
Merit: 100


View Profile
September 06, 2016, 12:11:25 PM
 #1

Krypton (KR), an Ethereum-based blockchain that develops immutable Smart Contracts and Apps for businesses and the Internet of Things was hit with a '51 percent attack' on August 26, a breach that some believe to be a prelude for potential future attacks. Since that time, Krypton successfully repelled a third advance, shutting down KR on the Bittrex exchange before additional funds were stolen.

The brainchild of technology engineer, currency trader, investor and analyst Stephanie Kent, Krypton serves as an alternative platform on which to deploy new technologies through a community of developers working to build these systems.

The vision has been to develop an ultra-fast blockchain that benefits from all of the features of Ethereum, all with a smaller cache of initial coins, stealth speed, and lower inflation. The development focus has to date been on 'D-tech', namely DAOs, DACs, and DApps...


Read more here:

https://btcmanager.com/news/tech/51-percent-attack-hits-krypton-moves-to-pos/






Follow BTCMANAGER for the Latest on Fintech, Blockchain and Bitcoin!
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!