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Blockchain Security 51% Technique

£10-20 GBP

Closed
Posted about 5 years ago

£10-20 GBP

Paid on delivery
The aim of this task is not to cause any damage, rather demonstrate that 51% technique can be carried out on low hashing coins. The project involves carrying out a 51% technique on PoW. The URL below instructs how to carry out the this technique successfully. [login to view URL] Your job will be; 1. Go through the url and understand what is expected. 2. Choose a low hashing coin which is on PoW concensus and the mining cost is minimal. 3. Determine that an exchange has atleast $1 of that coin so that the 51% technique could be implemented on the coin demonstrating double spending. 4. Guide us through the process of mining of the coin and help building the longest chain . As we don't aim to buy mining machine for mining longest chain, so nicehash will be used for mining. 5. Determine that a succesful double spend is possible . Bottom Line: Step 1-3 hsould not take more than 1 hour. Your main job will be helping us with step 4 and 5 to mine that coin and build the longest chain to carryout double-spending. Note: The experiment is for educational purposes and not to cause any damage .
Project ID: 18994972

About the project

1 proposal
Remote project
Active 5 yrs ago

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About the client

Flag of BANGLADESH
United Kingdom, Bangladesh
5.0
11
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Member since Jun 5, 2012

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