Bitcoin Forum
April 26, 2024, 10:46:47 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Warning: One or more bitcointalk.org users have reported that they strongly believe that the creator of this topic is a scammer. (Login to see the detailed trust ratings.) While the bitcointalk.org administration does not verify such claims, you should proceed with extreme caution.
Pages: [1]
  Print  
Author Topic: List of Historical 51% Attacks on Altcoins  (Read 2856 times)
cunicula (OP)
Legendary
*
Offline Offline

Activity: 1050
Merit: 1003


View Profile
November 13, 2013, 08:18:14 AM
Last edit: November 13, 2013, 09:26:20 AM by cunicula
 #1

I'm curious about the history of 51% attacks.
Is there any resource documenting all known instances of these events?
If not, could people indicate dates of attacks and the affected coins here.
It's probably a useful resource for others too.

Data so far:

Terracoin      Date: July 24, 2013 |  Reference: https://bitcointalk.org/index.php?topic=261986.0 | Assumed Motivation: Financial | Tip: meta.p02
Coiledcoin     Date: Jan 5, 2012   | Reference: https://bitcointalk.org/index.php?topic=56675.msg675166#msg675166 | Assumed Motivation: Personal | Tip: meta.p02
1714171607
Hero Member
*
Offline Offline

Posts: 1714171607

View Profile Personal Message (Offline)

Ignore
1714171607
Reply with quote  #2

1714171607
Report to moderator
1714171607
Hero Member
*
Offline Offline

Posts: 1714171607

View Profile Personal Message (Offline)

Ignore
1714171607
Reply with quote  #2

1714171607
Report to moderator
1714171607
Hero Member
*
Offline Offline

Posts: 1714171607

View Profile Personal Message (Offline)

Ignore
1714171607
Reply with quote  #2

1714171607
Report to moderator
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
miffman
Legendary
*
Offline Offline

Activity: 1904
Merit: 1005


PGP ID: 78B7B84D


View Profile
November 13, 2013, 08:24:29 AM
 #2

I know there was one on world coin, and somehow I think also on novacoin, can't remember tho














 

 

█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
BitBlender 

 













 















 












 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
cunicula (OP)
Legendary
*
Offline Offline

Activity: 1050
Merit: 1003


View Profile
November 13, 2013, 08:26:46 AM
Last edit: November 13, 2013, 09:31:04 AM by cunicula
 #3

Dates would be helpful too. I'm working on a model that could be used to predict the likelihood of a 51% attack based on economic fundamentals. Thus I'd like to to know the timing as well.

Basic idea is that financially-motivated attacks are most likely when there is a large percentage of hashing power that is only marginally profitable.

Also attacks on the leading GPU coin (litecoin) or the leading ASIC coin (bitcoin) are unlikely, while attacks on follower coins are much more likely.

As for attacks on PoS coins, financially motivated attacks are unlikely, but attacks driven by a personal motivation could occur. I'm curious about this possible attack on Novacoin.

meta.p02
Full Member
***
Offline Offline

Activity: 196
Merit: 100



View Profile
November 13, 2013, 08:33:56 AM
 #4

Coiledcoin (attacked by Luke-Jr), Terracoin (attacked by 1.2TH) among others. There was an attempt to gauge the likelihood of a 51% on LTC but it proved futile since the potential mining revenue was much more than revenue from 51%.

Earn Devcoins by Writing | Trade on Cryptsy! Faucets: Watch ads, earn Bitcoin | Visit pages, get Bitcoin | Gamble with faucet earnings!
If you found my post informative/interesting, consider tipping at BTC: 15877457612137dj4MM57bGXRkPzU4wPRM or DVC: 1B2PAYVe9BQRrZKaWZxWtunutwrm6fVcF7.
cunicula (OP)
Legendary
*
Offline Offline

Activity: 1050
Merit: 1003


View Profile
November 13, 2013, 09:27:00 AM
 #5

I know there was one on world coin, and somehow I think also on novacoin, can't remember tho
Links on world coin and possible novacoin attacks anyone?
cinnamon_carter
Legendary
*
Offline Offline

Activity: 1148
Merit: 1018


It's about time -- All merrit accepted !!!


View Profile WWW
November 13, 2013, 09:30:52 AM
 #6

powercoin killed 51% attack
and
feathercoin survived 51% attack

Check out my coin Photon
Merge Mine 5 other Blake 256 coins - 6x your hash power  https://www.blakecoin.org/

The obvious choice is not always the best choice.

LOOK DEEPER - Look into the Blake 256 Family -- CC
cunicula (OP)
Legendary
*
Offline Offline

Activity: 1050
Merit: 1003


View Profile
November 13, 2013, 09:31:17 AM
 #7

powercoin killed 51% attack
and
feathercoin survived 51% attack

dates? links?
pmconrad
Full Member
***
Offline Offline

Activity: 149
Merit: 102


View Profile WWW
November 13, 2013, 10:13:21 AM
 #8

Links on world coin and possible novacoin attacks anyone?

http://worldcoinforum.org/topic/456-confirmed-51-attack-double-spend-attack-on-worldcoin/

iampingu
Sr. Member
****
Offline Offline

Activity: 350
Merit: 250


View Profile
November 13, 2013, 10:31:38 AM
 #9

Feathercoin's 51% attack was like 2 days after the terracoin attack. Not sure who by, but it was probably financial gain.
Can't link to reference, since I only have it on a notepad
bitdwarf
Sr. Member
****
Offline Offline

Activity: 406
Merit: 250


The cryptocoin watcher


View Profile
November 13, 2013, 10:38:49 AM
 #10

I'm not that knowledgable on bitcoin. however I read this on a different thread:

"51% is real, back in 2011 it was more common on the alts. DoubleC was hit a couple a times on his exchange. Geistgeld 1 and Fairbrix were both 51% hit, so was the original Solidcoin and I belive I0coin several times"

𝖄𝖆𝖈: YF3feU4PNLHrjwa1zV63BcCdWVk5z6DAh5 · 𝕭𝖙𝖈: 12F78M4oaNmyGE5C25ZixarG2Nk6UBEqme
Ɏ: "the altcoin for the everyman, where the sweat on one's brow can be used to cool one's overheating CPU" -- theprofileth
junshong
Full Member
***
Offline Offline

Activity: 192
Merit: 100

Hi!


View Profile
November 13, 2013, 10:39:42 AM
 #11

feathercoin was the one that survived. Not sure about the details

sumantso
Legendary
*
Offline Offline

Activity: 1050
Merit: 1000



View Profile
November 13, 2013, 10:44:59 AM
 #12

FTC suffered multiple 51% attacks - I think 3 - though there wasn't any successful double spend. You can find all the details in their forum.

WDC had a double spend a couple of weeks back, but it was rolled back. In short after all the trouble attackers didn't have any successful double spend attack on either FTC or WDC.

meta.p02
Full Member
***
Offline Offline

Activity: 196
Merit: 100



View Profile
November 13, 2013, 01:21:46 PM
 #13

Feathercoin (pdf, images)


Earn Devcoins by Writing | Trade on Cryptsy! Faucets: Watch ads, earn Bitcoin | Visit pages, get Bitcoin | Gamble with faucet earnings!
If you found my post informative/interesting, consider tipping at BTC: 15877457612137dj4MM57bGXRkPzU4wPRM or DVC: 1B2PAYVe9BQRrZKaWZxWtunutwrm6fVcF7.
adoalli
Hero Member
*****
Offline Offline

Activity: 646
Merit: 500



View Profile
November 13, 2013, 01:25:31 PM
 #14

Feathercoin (pdf, images)


Sad Sad Sad

cinnamon_carter
Legendary
*
Offline Offline

Activity: 1148
Merit: 1018


It's about time -- All merrit accepted !!!


View Profile WWW
March 15, 2014, 07:48:56 AM
 #15

How about spicing this thread up with coins we would like to see suffer a 51% attack ?

I would not shead a tear if Dodge was taken out.  Permanently. 

Poor design, hiding behind cuteness is a coin that in my eyes was carefully planned for a long time to attack the credability of other scrypt 1024 coins that have true potential including litecoin and feathercoin.  Also it makes btc look like a joke.

If I was working for the banking system and I wanted to hurt bitcoin and other currencies I would have designed something just like this.

Forks often.

Unlimited coins forever so guaranteed to be worthless.

The amount of bitcoin spent on pumping it to get it started was big and so was the hash power rented and bought to keep it going so no expense was spared. If you believe it was an accident dream on, the number of fake posts here, on twitter and everywhere stink bad.

The only people who can possibly benefit from this is the exchanges since volume is high on this and I have been watching alt coins and bitcoin and am very knowledgable about financial markets. the volume of trading is too high.  Someone continues to invest a fortune in bitcoin to keep this going.  I call this a pro hit job designed to confuse and spam up the whole scene.

I don't want to see innocent people who for some deranged reason invested in this lose thier money.

Maybe some heavy hitters can set a date in the future and just put it out of it's misery.

I know there are too many coins.

I know things are out of control.

Most will just die off and many have.

I take cryptocurrency very seriously.

I am not in it for the money , I think cryptocurrency , btc, the whole thing can make the world a better place in  many ways.

This is the only coin I dislike.  I am critical of some others , generally premined coins but this coin deserves to be put down.

I am not threatening to do this myself nor could I. All I am saying is if it happened I think it would be very good for the scene.


Check out my coin Photon
Merge Mine 5 other Blake 256 coins - 6x your hash power  https://www.blakecoin.org/

The obvious choice is not always the best choice.

LOOK DEEPER - Look into the Blake 256 Family -- CC
frenchBulle
Member
**
Offline Offline

Activity: 61
Merit: 11


View Profile
November 20, 2017, 03:02:12 PM
 #16

That was really informative. I have limited knowledge but do you think a feature like the 3D Blockchain from Nexus project could make those kind of attacks impossible?
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!