On Saturday, October 5, Counos Coin Network came under a 51 percent attack. Even though Counos Coin has been introduced for a short period of time, it has been able to increase its trade volume to a proper extent. In addition to being introduced in important exchanges like IDAX, Counos Coin has been able to experience a suitable price increase.
The increase in the trade volume and multiplying of the price of Counos Coin in only a matter of months have attracted the attention of users in the economic field of cryptocurrencies. At the same time, this high increase in the price has also enticed the hackers.
Counos Coin announced that it has fully eliminated the 51 percent attack on its network. Eliminating the 51 percent attack on the network of Counos Coin has been accompanied by updating its network nodes and increasing its security coefficient. It seems that the elimination of this attack in only two days will increase the security credibility of this cryptocurrency.
The Blockchain network, with respect to its democratic structure, is prone to the emergence of some issues in its network. In the 51 percent attack on Counos Coin, some reverse transactions entered the network and tried to invalidate it, all of which have been managed by Counos Coin.
Many of the reputable cryptocurrencies like Zencash, Monacoin, Litecoin Cash, and hard forks of Bitcoin like Bitcoin Gold have already been targeted by the 51 percent attack.
Controlling the Counos Coin network and full elimination of the 51 percent attack will guarantee that its increasing price will continue onward. A price that has been able to attract the attention of many economic activists in the field of cryptocurrencies. Having applied the changes in the field of transactions, Counos Coin will also get the users informed about it.
Monday, October 7, 2019 9:51:00 AM