Questions tagged [majority-attack]

A majority attack, or 51% attack, is an attempt at solo-mining a longer chain to outpace the main chain.

Filter by
Sorted by
Tagged with
0
votes
0answers
14 views

Majority attack against a new blockchain with few miners?

My friend wants to create a new blockchain to verify a type of transaction (details unimportant). His computer would probably be the only one doing mining / verifying the transactions, at least for ...
0
votes
1answer
54 views

Is a 51% attack on bitcoin likely?

Given that the majority of bitcoin processing is done in China (source: https://bitcoinmagazine.com/articles/report-links-74-bitcoin-mining-china-sees-threat-network/), is it possible for a single ...
0
votes
1answer
37 views

Do multiple miners contribute to mining the same block even if they are not in the same pool

Assuming that this is reliable, according to an article on investopedia on the 51 percent attack: 51% attack refers to an attack on a blockchain – usually bitcoin's, for which such an attack is ...
0
votes
2answers
102 views

Is it more dangerous when 51% attack happens than just having a pool with >50% hashrate?

Many people told me that, if a mining pool performs a 51% attack, the price of the coin will drop. But I disagree. There are pools with >50% hash power already for a long time. Flypool is an example....
0
votes
2answers
122 views

Does the software to conduct a 51% attack exist?

I know that it would cost hundreds of millions of dollars to do a 51% attack on Bitcoin, but if somebody did that, bought the hardware, etc could Bitcoin Core or any other software be easily ...
-1
votes
1answer
44 views

If there are 20 nodes in network and all are receiving transaction and after 10 min

Question 1) If there are 20 nodes in network and all are receiving transaction and after 10 min all will pick transaction from their transaction pool and start creating block, now will all nodes will ...
-1
votes
1answer
79 views

How to do a 51% attack on my own altcoin [closed]

recently I have been curious about 51% attacks so I created a fork of litecoin and want to do a 51% attack on the coin but don't know how to. please can you tell me how to do it. Thanks,
-1
votes
1answer
79 views

Other people mining my coin without my permission, how to avoid this? [closed]

I have created an altcoin and i wanted to solo mine all coins myself. I disabled generate function in wallet, hidden the source code as private in github. I run one main node and i mine in my laptop. ...
-2
votes
1answer
168 views

Is possible to control the network? [duplicate]

Can anyone with enough computing power, take over the network ? This is following from a previous comment where I was asking : ... how can that be possible (to control the network) if mining tend ...