Syscoin (SYS) cryptocurrency saw a series of odd patterns on its blockchain on Tuesday. After a detailed investigation, the company has now offered an explanation of what transpired that day. “Syscoin blockchain has not been hacked or compromised in any way,” Syscoin team said in a document sent to Hard Fork. “What took place on [July 3] was a combination of events that made the situation more sensational than it needed to be.” The situation first escalated after some users noticed the network had processed blocks with output values larger than Syscoin’s entire token supply, raising suspicions its blockchain might’ve…
This story continues at The Next Web
from The Next Web https://ift.tt/2z8cJvk
