51% Attack

What 51% Attack  is?

A 51% Attack occurs when a single entity gains control of more than half of a blockchain's mining power, allowing them to manipulate transactions.

In cryptocurrency, this attack can lead to double-spending and disrupt network integrity, undermining trust in the affected blockchain.

How to use the term?

Discussing a 51% Attack often involves analyzing its potential risks. For instance, "The recent concerns about a possible 51% Attack on XYZ coin have raised alarms among investors.

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