Close Menu
    X (Twitter)
    Blockchain Journal
    • News
      • Blockchain News
      • Bitcoin News
      • Ethereum News
      • NFT
      • DeFi News
      • Polkadot News
      • Chainlink News
      • Ripple News
      • Cardano News
      • EOS News
      • Litecoin News
      • Monero News
      • Stellar News
      • Tron News
      • Press Releases
      • Opinion
      • Sponsored
    • Price Analisys
    • Learn Crypto
    • Contact
    • bandera
    X (Twitter)
    Blockchain Journal
    Home » Bitcoin blockchain has been attacked, PoW algorithm has demonstrated its reliability

    Bitcoin blockchain has been attacked, PoW algorithm has demonstrated its reliability

    0
    By BlockchainJournal on October 15, 2019 Blockchain News, News
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Today, on Twitter, one of the users wrote that someone tried to transfer a block with one “0” to the Bitcoin blockchain . So he tried to trick the PoW protocol (Proof-of-Work).

    “#Bitcoin is attacked: someone tried twice to transfer incorrect blocks that start only from scratch …

    Glad my node immediately rejected this joker! ”

    #bitcoin under attack:
    twice someone tries to broadcast a bad block (proof of work failed: blocks start with only one zero .. 15 min later with not enough zero's).

    Glad my node rejects this joker immediately! pic.twitter.com/3yPEsTp91J

    – Plan₿ (@ 100trillionUSD) October 13, 2019

    The message says that the error was detected in a user node built on the Raspberry Pi and using a 500 GB SD card as storage, so that there would be no problems using it in 24/7 mode.

    The Bitcoin blockchain uses the coordinated PoW (Proof-of-Work) protocol. This protocol is used to find a line of code that starts with a few zeros, around 19: these zeros reflect the complexity of the calculation and, as a consequence, the security of the transaction.

    If a bitcoin transaction has only one 0 or even a pair, as in this case, we can easily conclude that it took a little time to calculate the hash, and therefore there is a 99% chance that it was an attempt to attack bitcoin and push through an incorrect transaction .

    Fortunately, the transaction was rejected by the specified node. This is a good example of how Bitcoin (BTC) and the PoW (Proof-of-Work) protocol proved to be resistant to any type of attack, even differing from the most famous 51% attack.

    Publication date 10/15/2019
    Share this material on social networks and leave your opinion in the comments below.


    Bitcoin blockchain BTC Featured PoW Twitter Work
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    BlockchainJournal

    Related Posts

    BNY and Nasdaq Invest 50 Million in Digital Asset to Boost Blockchain Infrastructure

    December 4, 20253 Mins Read

    BitMine Adds 150 Million in Ether to Treasury Reaching 3% of Global Supply

    December 4, 20253 Mins Read

    Tether Investor Donates Record 12 Million to Reform UK Defying Regulations

    December 4, 20253 Mins Read

    Malaysia Deploys Drones to Neutralize 14,000 Illegal Bitcoin Mining Rigs

    December 4, 20253 Mins Read

    Washington Regulators Order Coinme to Repay 8 Million Dollars and Halt Operations

    December 4, 20253 Mins Read

    Ripple CEO Projects Bitcoin at 180,000 Dollars by 2026 at Global Event

    December 4, 20253 Mins Read

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 Blockchain Journal

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.