When Miners and Validators Go Rogue: Some Bad Cases
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This story was originally published on HackerNoon at: https://hackernoon.com/when-miners-and-validators-go-rogue-some-bad-cases.
When miners or validators go rogue, blockchains can face takeovers and attacks. Let's see some bad cases about this.
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This story was written by: @obyte. Learn more about this writer by checking @obyte's about page, and for more stories, please visit hackernoon.com.
Most distributed ledgers have some middlemen, especially as miners and “validators,” and they can go rogue, sometimes. This means they can do a certain number of things against freedom and fairness, including double-spending funds or completely destroying a network, in the worst scenarios.