Jaiden Quitzon

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Jaiden Quitzon

51% Attack: Definition, Risks, Examples
Security
  •  
4 min read

51% Attack: Definition, Risks, Examples

Blockchain-based cryptocurrencies are a subject to the so-called attack of 51%: when more than half of the computing power of a cryptocurrency network is controlled by some organization or group of individuals, it becomes possible to conduct conflicting transactions or malicious harm.

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