ADVERTISEMENT

[email protected]

  • Submit Press Release
  • Submit Guest Post
  • Write for Kryptomoney.com
Latest Crypto News
  • News
    • Bitcoin News
    • Blockchain News
    • Cryptocurrency News
    • Ethereum News
    • Exchanges News
    • Regulations News
  • Price Analysis
    • Bitcoin (BTC) Analysis
    • Ether (ETH) Analysis
    • Ripple (XRP) Analysis
    • Litecoin (LTC) Analysis
    • Bitcoin Cash (BCH) Analysis
    • Binance Coin (BNB) Analysis
  • Industry
    • Events
    • Press Release
  • Start Here
  • Advertise
No Result
View All Result
  • News
    • Bitcoin News
    • Blockchain News
    • Cryptocurrency News
    • Ethereum News
    • Exchanges News
    • Regulations News
  • Price Analysis
    • Bitcoin (BTC) Analysis
    • Ether (ETH) Analysis
    • Ripple (XRP) Analysis
    • Litecoin (LTC) Analysis
    • Bitcoin Cash (BCH) Analysis
    • Binance Coin (BNB) Analysis
  • Industry
    • Events
    • Press Release
  • Start Here
  • Advertise
No Result
View All Result
Latest Crypto News
No Result
View All Result
Home News

Unknown Entity Holds Majority Control of Bitcoin SV Network

BSV's network can be rewritten by an unknown pool that currently holds most of the network's hash power.

Tolu Ajiboye by Tolu Ajiboye
March 23, 2020
in News
0
Bitcoin
0
SHARES
213
VIEWS
Share on FacebookShare on Twitter

Bitcoin Satoshi Vision (BSV), has been hit by a serious attack, currently casting doubt among its community as well as the crypto community at large, about the asset’s reliability.

A mining pool, whose origin is currently unknown, has acquired the majority of its hash power. Making the situation worse is the fact that the pool’s control of the network seems to be getting stronger. Coindance data shows that in about ten days, the pool’s hashpower jumped from 675 PH/s t 1535 PH/s.

The person(s) behind the pool could make undesired changes to the network if they choose to.

Currently trading at $218.96, BSV is the sixth-largest digital asset by market cap, with a valuation of $3.09 billion. However, it is one of the market’s most controversial assets. BSV has long been touted by founder Craig Wright as the original Bitcoin plan. But the fact that this happened, is definitely bad for the community.

Craig Wright is also very easily crypto’s most controversial figure. He has repeatedly claimed he is the real Satoshi Nakamoto, the founder of Bitcoin, and has gone as far as bringing legal action to anyone who disagrees.

As February ended, Binance CEO Changpeng Zhao aired his opinion about both Wright and BSV. According to Zhao, Wright is a fraud and anyone who invests in BSV will regret it. Binance delisted BSV in April 2019.

Tags: Bitcoin Satoshi VisionBSVCoindanceCraig Wrighthashpower
Previous Post

Huobi and OKEx to Compensate Customer Losses Following Trading Glitch

Next Post

XTZ Price Analysis: Tezos Rally Progresses, Surpassing $1.7500 as Foundation Explore Lawsuits Resolution

Next Post
Tezos

XTZ Price Analysis: Tezos Rally Progresses, Surpassing $1.7500 as Foundation Explore Lawsuits Resolution

Recent Stories

Quickly

Financial Advisor Introduces Petition for the UK Government to Ban Crypto Transactions

January 15, 2021
LTC Price Analysis: Steep Correction on LTC/USD From $186 High, Flare Networks Announces Litecoin Airdrop

LTC Price Analysis: Steep Correction on LTC/USD From $186 High, Flare Networks Announces Litecoin Airdrop

January 15, 2021
Bitcoin

Bitcoin Falls Below $35k Despite the Unveiling of Biden’s $1.9 Trillion Stimulus

January 15, 2021
cryptocurrencies

The Impact Of Cryptocurrencies On The Global Marketplace

January 15, 2021
What Will 2021 Hold for Bitcoin and Crypto? BTC Price Prediction and Events To Watch Out for by Mid-2021

What Will 2021 Hold for Bitcoin and Crypto? BTC Price Prediction and Events To Watch Out for by Mid-2021

January 14, 2021
Trading

PayPal Crypto Trading Volume Climbed $242 In One Day

January 14, 2021
Bitcoin

Government of Pakistani Province Announces Launch of Bitcoin Mining Farms

January 14, 2021
Ethereum

Google Data Reveals “Ethereum” Searches Hit All-Time High

January 14, 2021
BTC/USD

BTC Price Analysis: In a Return Rally BTC/USD Grinds Past $40,000 Amid Grayscale Bitcoin Purchase of $80M

January 14, 2021
Wunderbit Trading

Wunderbit Trading – Copy Trading Platform That Suits All 

January 14, 2021

Email Subscription

Pages

About Us

Contact Us

Disclaimer

Get Latest Cryptocurrency And Bitcoin News

Privacy Policy

Write for Kryptomoney.com

Category

Events

General

Interviews

News

Price Analysis

Press Release

Sponsored

Information

About Us

Submit Press Release

Submit Guest Post

Contact Us

Social Icons

[email protected]

©KryptoMoney 2019 | Southridge Internet Corp

No Result
View All Result
  • Resource List
  • News
  • Price Analysis
  • Events
  • Press Release
  • Sponsored

©KryptoMoney 2019 | Ess Commerce Private Limited

  • bitcoinBitcoin (BTC) $ 35,709.00 7.54%
  • ethereumEthereum (ETH) $ 1,139.36 3.65%
  • tetherTether (USDT) $ 1.00 0.23%
  • bitcoin-cashBitcoin Cash (BCH) $ 477.12 6.49%
  • binancecoinBinance Coin (BNB) $ 40.41 1.11%
Our websites require cookies enabled to provide you with an uninterrupted experience. Please continue without changing your setting to receive important notifications.I Agree