RE: What is a 51% attack?

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What is a 51% attack?

in bitcoin •  7 years ago 

51% attack - When the decentralized get centralized.

bitcoin
7 years ago by

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      ·  7 years ago 

    Any decentralized crypto get recentralized as soon as it grows big enough and individual miners aren't able to find blocks reliably and quickly enough. Mining pools are inherent problem of Proof of Work.

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