Shocker Claim for the Dash Network, Is the Altcoin Safe?
A ship that is shared on Reddit from the social platforms that crypto money users frequently use is of a kind. The crypto-lovers are overwhelmingly convinced that only one miner has more than half of the hash power in the Dash network.
According to the Reddit post, a crypto-money miner named NicheHash appears to be dominating the Dash network. The CCN report said that Dash currently has 1,900 terrahash (TH) capacities per second. NiceHash’in this amount more than 1,000 TH is expressed that dominated. A total of 25,000 miners have been active in the Dash network.
A Reddit user, who is said to have an interest in the subject, has determined this intriguing truth in his assessments about the Dash network. The user expresses:
This process has to do with three of the four primary addresses on the network, and according to the entries, only one organization controls these three addresses. This triple corresponds to 53% or more of the entire network. You can also understand this by looking at historical data. Even the fourth address I think is unknown belongs to the same organization.
The three addresses the user referred to have already dug up 26,665 Dash. This amount corresponds to a value of 573 btc or about $ 2.2 million. We have to say that when there is such a serious claim, the material dimension of work remains in the second plan of crypto lovers.
The news item shows that the miner in question could do a 51% attack on the Dash network. The last example of this attack constitutes a security weakness in the decentralized network Blockcha In this paper, we announced to you. Centralized mining activities are putting the entire network in danger.