#SOLETFsOnTheHorizon How do blockchains protect themselves against these 51% attacks?
🔵 Decentralization
The more participants and distributed computing power there are, the harder it is for an attacker to control 51%.
🔵 Economic barriers
In large networks like Bitcoin or Ethereum, the cost of the hardware or tokens required makes an attack economically unfeasible.
🔵 Consensus algorithms
Some blockchains use hybrid or attack-resistant algorithms, such as Proof-of-Stake (PoS) or Proof-of-Authority (PoA).
🔵 Monitoring and anomaly detection
Networks with active communities and constant monitoring can quickly detect suspicious activity.
🔵 Protocol updates
Developers implement mechanisms to prevent attacks and ensure long-term network stability.