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51% attack

A Brief on 51% Attack in cryptocurrency

by Fredrick Awino

A 51% attack refers to an attack in the blockchain of a cryptocurrency by the miners who control over 50% of the mining hash rate network. As a trader who owns over 50% of the network’s nodes, you have the power of controlling the blockchain. The attacks occur in different ways and one of them … Read more

Categories Blockchain Technology Tags 51% attack, blockchain, cryptocurrency, mining, proof of work

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