51 Percent Attack - Blockchain: Revision history

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28 November 2024

  • curprev 15:2215:22, 28 November 2024Mbauwens talk contribs 564 bytes +564 Created page with " =Description= Via Molly White: 51% attack or majority attack: "an attack on a blockchain made possible when a single person or group gains control of over 50% of a blockchain’s hashing power, enabling them to block new transactions from being confirmed as well as change the ordering of new transactions. It also allows the malicious agents to essentially rewrite parts of the blockchain and reverse their own transactions, leading to an issue known as double spending...."