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Josiah Swaim

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BlockchainWhat is

What is a 51% attack?

To understand a 51% attack, we must understand how the architecture of consensus algorithms on decentralized networks can make a blockchain vulnerable to an attack. Typically Proof-of-Work consensus is used to demonstrate how an attack is carried out. However, other consensus algorithms, such as Proof-of-Stake, are also vulnerable to such an attack albeit less likely on certain implementations…
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