A cryptocurrency exchange experiences a security breach where an attacker gains control over more than half of the network's mining power. This scenario is an example of a ____________.
- 51% Attack
- DDoS Attack
- Man-in-the-Middle Attack
- Zero-Day Exploit
A 51% attack occurs when an entity gains control of more than 50% of a blockchain network's mining power. This allows the attacker to manipulate transactions, potentially leading to double-spending. Understanding the implications of a 51% attack is crucial for securing blockchain networks and maintaining the integrity of transactions.__________________________________________________
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