How Litecoin Saved Dogecoin from a 51% Attack
đđĄïž
In 2014, Dogecoin faced a major security risk due to its low hash rate, making it vulnerable to 51% attacks, where attackers could control the network and manipulate transactions. To save Dogecoin, developers implemented âmerged miningâwith Litecoin (LTC), a process allowing both coins to share mining power. đ„ïžđ
With Litecoin's much larger network and higher hash rate, Dogecoinâs security drastically improved. Miners could now mine both LTC and DOGE simultaneously, boosting Dogecoin's defenses without requiring extra resources. đ ïžâĄ
Thanks to merged mining, Dogecoin is now more secure, ensuring its stability and long-term success. So, while Dogecoin may be a meme coin, itâs protected by the security powerhouse that is Litecoin! đȘđ
Besides, â Should I buy more LTC at the current price ? â like and comment!!
Stay tuned for more crypto insights!