Ravencoin hits record low as network exploit puts transactions at risk

Read original at CoinTelegraph·

Ravencoin hits record low as network exploit puts transactions at risk

60-second summary

Ravencoin's network is under threat as mining pools controlling most of its hash rate are building a competing chain, potentially triggering a three-day reorganization. This move could put transactions at risk and undermine the cryptocurrency's stability. Market sentiment is likely to be negative, potentially leading to a further decline in Ravencoin's price, which has already hit a record low.

Mining pools controlling most of Ravencoin’s hash rate are building a competing chain that could trigger a three-day reorganization.