For example, Verge, a cryptocurrency for users who value security and privacy…
For example, Verge, a cryptocurrency
for users who value security and privacy, suffered from a “51% attack” due to a bug in
Pros
Along with a lack of prudent digital asset evaluation frameworks and a shortage of
variety for digital assets, security is another issue of top concern for investors.
Cons
On the one hand, security is still a challenging issue for blockchains on the
infrastructure layer. Cryptocurrencies may suffer from different attacks such as “51%
Attack”, threatening the integrity of and the foundation upon which the trust and
consensus of blockchain technology are built.