CyberVEG

Tag: double spend

How 51% Attacks Work in Proof of Work Blockchains
18 Nov

How 51% Attacks Work in Proof of Work Blockchains

by Shelia Peterson 0 Comments

A 51% attack lets a single entity control more than half of a blockchain's mining power to reverse transactions and double-spend coins. Small cryptocurrencies are vulnerable - Bitcoin isn't. Here's how it works and how to stay safe.

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