Bitocin

For years, ether could barely dream of challenging its big brother bitcoin. Now, its ambitions may be becoming more realistic.

The attack, which is technically known as a distributed denial of service attack, involved thousands of phantom transactions, forcing at least three of the online platforms that store bitcoins and trade them for traditional currencies to halt withdrawals of bitcoins until they can determine which transactions were real.

For years, ether could barely dream of challenging its big brother bitcoin. Now, its ambitions may be becoming more realistic.

The attack, which is technically known as a distributed denial of service attack, involved thousands of phantom transactions, forcing at least three of the online platforms that store bitcoins and trade them for traditional currencies to halt withdrawals of bitcoins until they can determine which transactions were real.