Some 25 Crypto Networks Vulnerable to ‘Fake Stake’ Attack

What has been dubbed a “fake stake” attack on more than two dozen Proof-of-Stake (PoS) cryptocurrency networks, the crypto funds are said to be vulnerable to the attack. The vulnerability of the crypto funds allows a node of these funds with a very small stake to overwhelm competing nodes with false data and essentially crash them. The attacking node can have a majority of stake on the crypto network, once competing nodes are gone, which will enable it to conduct a 51% attack as the only validating node.