51%

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What is the 51% attack, how does it work, and how to make it harmless?

2 Oct 2021 2 minute read 15 comments MikeZillo

We hear a lot about the 51% attack, but what is it really about? The 51% attack is a hacking procedure that is perpetrated against the blockchain in order to take over the ability to validate or cancel transactions at will. Basically it consists in t...

What is the 51% attack, how does it work, and how to make it harmless?

Firo currently under a 51% attack.

20 Jan 2021 1 minute read 0 comments EasilyRich.com

Firo currently under a 51% attack. Breaking News! A cryptocurrency called Firo (aka Zcoin) is currently experiencing a 51% attack. What is a 51% attack you might ask? A 51% attack occurs when one miner or a group of miners control more than 50% of...