What is a 51% attack?

By Jon Nielsen on October 28, 2017 09:18

Published on January 31, 2020 15:20 by CoinCodex

Any person or group with 51% of more control is able to manipulate the consensus agreement process and begin to act as a central, network authority. If desired, this ‘authority’ could act nefariously and prevent new transactions from gaining confirmations, reverse completed transactions, as well as impose a new version of the network transaction history.
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