How does a '51% attack' affect a blockchain network?
- Enables control over the majority of the network
- Enhances data privacy
- Improves transaction speed and throughput
- Prevents unauthorized access to the blockchain data
A '51% attack' occurs when an entity gains control of more than 50% of a blockchain network's computing power. This enables the attacker to manipulate transactions, double-spend coins, and potentially disrupt the normal functioning of the network. Recognizing the impact of a '51% attack' is essential for assessing the security vulnerabilities and potential risks associated with blockchain networks.__________________________________________________
Loading...
Related Quiz
- What is the main function of OAuth in API security?
- Advanced cybersecurity automation relies on ____________ algorithms to adapt and respond to new threats.
- What is the primary purpose of cryptography in cybersecurity?
- Security awareness training often includes real-world simulations of _______ to test employees' reactions.
- 5G networks are expected to greatly enhance ____________, allowing for faster and more reliable communication between IoT devices.