Privacy-centric blockchain network Grin (GRIN) is undergoing a 51% attack, an event in which a miner (or miners) acquires more than 50% of the network’s mining hash power and takes control, according to a notice at the bottom of the Grin protocol’s website.
While the attack is underway, the protocol is warning users to wait for extra confirmations on transactions for payment finality.
GRIN coins were down 2.23% to $0.235 at press time.