In cryptocurrency industry, security is a foremost concern and that’s why we will be discussing “51% Attack” today. While blockchain innovation offers a decentralized and carefully designed ledger, it’s not insusceptible to specific weaknesses. One such vulnerability is the feared “51% attack.” 🔵 Crypto Word Of The Day 🔵#51Attack pic.twitter.com/u4SAPEiPcY — CoinEcho (@mycoinecho) November 7, 2023 What Is a 51% Attack? A 51% attack, otherwise called a majority attack, happens when a malevolent entity gains control over half of the network’s mining power or computational resources. In a proof-of-work blockchain, as Bitcoin, miners approve transactions and secure the network. On
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