Binance Square

51PercentAttack

44 views
2 Discussing
June Whisper
--
What Is a 51% Attack? – When Too Much Power Breaks the BlockchainBlockchains are secure because no single party controls the network. But what if one group gained too much power? That’s where a 51% attack comes in. 💥 What Is a 51% Attack? A 51% attack occurs when a group of miners or validators controls more than 50% of a blockchain’s computing power (hash rate) or staking power. With that majority, they could: 🌀 Reverse recent transactions 💸 Double-spend coins 🚫 Prevent new transactions from being confirmed It’s like rewriting blockchain history — very dangerous for trust and security. 🔍 Why 51%? Because blockchains rely on consensus — if more than 50% agree, it’s accepted as truth. So if one group has the majority, they can manipulate that truth. 🧠 Simple Analogy: Imagine a voting system with 10 people. If 6 people team up, they can decide the results unfairly, even if it’s wrong. That’s what a 51% attack looks like in crypto. 🛡️ Is It Common? Not on major blockchains like Bitcoin or Ethereum — they’re too big and expensive to attack. But smaller blockchains are more vulnerable due to lower hashrate or validator count. 📚 References: Binance Academy – 51% Attacks ExplainedInvestopedia – What Is a 51% Attack? #BlockchainSecurity #51PercentAttack #CryptoForBeginners #LearnCrypto $BTC $ETH $BNB {spot}(BTCUSDT){spot}(ETHUSDT){spot}(BNBUSDT)

What Is a 51% Attack? – When Too Much Power Breaks the Blockchain

Blockchains are secure because no single party controls the network.
But what if one group gained too much power?
That’s where a 51% attack comes in.

💥 What Is a 51% Attack?
A 51% attack occurs when a group of miners or validators controls more than 50% of a blockchain’s computing power (hash rate) or staking power.
With that majority, they could:
🌀 Reverse recent transactions
💸 Double-spend coins
🚫 Prevent new transactions from being confirmed
It’s like rewriting blockchain history — very dangerous for trust and security.

🔍 Why 51%?
Because blockchains rely on consensus — if more than 50% agree, it’s accepted as truth.
So if one group has the majority, they can manipulate that truth.

🧠 Simple Analogy:
Imagine a voting system with 10 people. If 6 people team up, they can decide the results unfairly, even if it’s wrong.
That’s what a 51% attack looks like in crypto.

🛡️ Is It Common?
Not on major blockchains like Bitcoin or Ethereum — they’re too big and expensive to attack.
But smaller blockchains are more vulnerable due to lower hashrate or validator count.

📚 References:
Binance Academy – 51% Attacks ExplainedInvestopedia – What Is a 51% Attack?

#BlockchainSecurity #51PercentAttack #CryptoForBeginners #LearnCrypto $BTC $ETH $BNB
Login to explore more contents
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number