Firo currently under a 51% attack.

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Firo currently under a 51% attack.

 

Breaking News! A cryptocurrency called Firo (aka Zcoin) is currently experiencing a 51% attack. What is a 51% attack you might ask? A 51% attack occurs when one miner or a group of miners control more than 50% of a blockchains mining power. This allows them to control the network and validate invalid blocks. This means regular users can be scammed out of their money. It advised that Firo holders do not make any transactions at this time.

 

When did this Attack occur?

The attack started Jan 19, 2021 and is still ongoing.

 

What happened?

A rollback of 306 blocks occurred.

 

Where can I find more updates?

You can refer to Firo’s official twitter handle: @firoorg

 

If you have any updates or other information please post if for other users in the comments section below. Also for more information please see the source links.

 

For more investing news follow me on Twitter: @easily_rich

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