While BitMart claimed the attackers withdrew $150 million in various tokens, the independent blockchain security and analytics firm PeckShield said the losses are closer to $200 million.
Steve Shadders sits down with Connor Murray to discuss his journey into BSV, the latest BSV node software release, block re-org attack attempts, and block reward mining.
This week, Kurt Wuckert Jr. returns to CoinGeek Weekly Livestream with an Ask Me Anything episode, featuring a timely discussion on the malicious attack on the BSV network in July.
It’s worth noting that other networks like BTC have had double spends and reorgs as well in the past without compromising funds of network participants.
Bitcoin Association and the Bitcoin SV Infrastructure Team recommends that honest node operators mark the illegal chains initiated by the attacker as invalid.
Double spends do not necessarily make for a problem, as some of the quoted “experts” have pointed out, Kurt Wuckert Jr. writes.
Given the nature of the illegal attacks being carried out, it is in the best interests of the entire blockchain and digital currency industry to halt the illegal activity as quickly as possible.
