In the world of cryptocurrencies, there is a major threat known as the 51% attack. Numerous currencies have suffered from such attacks, and the year 2018 has been no different in this regard. It now seems one particular user is intent on attacking Einsteinium next week. The event will be broadcasted on Twitch, which raises a lot of questions.
Openly Promoting 51% Attacks
For smaller-cap cryptocurrencies, it is evident there are numerous threats to contend with. A lack of overall interest will usually cause the coin’s price to fluctuate significantly. Low trading volumes often lead to pump-and-dump cycles, which have become somewhat less prevalent in the cryptocurrency over the past few years.