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Friday, October 27, 2017

Crypto News: Bitcoin Gold: Cyber attack mars launch of rival cryptocurrency

Bitcoin Gold: Cyber attack mars launch of rival cryptocurrency

The latest rival to bitcoin has suffered a major cyber attack on its launch, crashing the new cryptocurrency's website.

The digital currency, called Bitcoin Gold, is a "fork" of the main bitcoin network, designed to make it easier for normal people to mine the online currency.

However as soon as it went live its website came under a sustained distributed denial of service (DDoS) cyber attack.

These attacks involve a network of compromised computers, known as a "botnet", which flood a website's servers with page view requests, leaving legitimate traffic unable to get through.

Full story at

Source: The Telegraph

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