“51% Attacks” On Altcoins Will Become More Frequent

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During the final panel discussion at the Baltic Honeybadger 2018 conference, Elizabeth Stark, the head of Lightning Labs, suggested that repeated spending attacks on altcoinsโ€™ blockchains in the coming year would occur much more often, as the cost of such attacks fell.

She also stressed that she was looking forward to the implementation of Schnorr signature in the main bitcoin protocol.

In addition, in her opinion, in the coming year more users will start using Lightning Network from their smartphones.

Former BitGo engineer and Casa multisig infrastructure developer Jameson Lopp added that competitors would not be able to shift bitcoin from the first place in the near future.

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