Coinbase Addresses Zcash Mining Centralization Concerns


Coinbase's Blockchain Security Team has identified a 51% control over the Zcash network's computational power by a single mining pool, ViaBTC. This raises concerns about security vulnerabilities, such as double-spend attacks and censoring transactions. To address this, Coinbase increased the Zcash confirmation requirement to 110 blocks, transitioned its trading markets to a limit-only state, and engaged with stakeholders. (Read More)
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Coinbase Addresses Zcash Mining Centralization Concerns Coinbase Addresses Zcash Mining Centralization Concerns Reviewed by CRYPTO TALK on September 21, 2023 Rating: 5

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