Attack On Krypton a ‘Dry Run’ For Ethereum?
▻http://bitcoinist.net/attack-krypton-dry-run-ethereum
Smart contracts platform Krypton is recovering from a 51 percent attack this week that saw 21,465 of its tokens exchanged for bitcoin and double-spent.
The attack was a “two-pronged” effort involving rented hashing power and a DDoS attack on existing nodes to multiply the hashing advantage even further.
The attacker sent more than 21 thousand Krypton (KR) tokens to the Bittrex crypto exchange, sold them for bitcoin, then used the majority hashing power to roll back the transactions.
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Given the relatively low value of the attack, Kent believes the motive was not financial gain but more of a “dry-run,” intended as a proof-of-concept to attack other blockchains based on Ethereum with higher market caps — such as Ethereal Classic.
For DDoSCoin see also ►https://seenthis.net/messages/515750