How MIT’s 'Pool Detective' could help prevent attacks on blockchains

Quick Take

  • Researchers at MIT’s Digital Currency Initiative say better monitoring of mining pools and hash rental marketplaces could prevent 51% attacks.
  • The team is developing surveillance tools with an eye toward early warning systems for exchanges and other targets of such attacks.
Mining pools and hash rental markets have made it easier to attack blockchain networks. MIT researchers say better surveillance is needed.

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Oct 15, 2021, 2:54AM UTC