Questions tagged [majority-attack]

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

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What are the chances bitcoin big mining pools to unite and do 51% attack?

Looking at this bitcoin hash rate distribution chart (https://www.blockchain.com/en/pools), it only takes 3-4 mining pools to unite and do a 51% attack. With this possibility, how can people still ...
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51% attack + ignore blocks not mined by yourself [duplicate]

If you own 51% of the mining power and decide to ignore all blocks not mined by yourself. You would eventually end up having the longest chain, and would eat up the 49% of block-reward you werent ...
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Are smalltime block chains susceptible to brute force liars?

My understanding is that the integrity of the bitcoin block chain is dependent on the consensus of the masses - that no single actor can write entries at will unless they. controlled over 50% of the ...
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Are Bitcoin and Ethereum really de-centralized? Or is federated a better term?

By looking at the bitcoin and ethereum mining pool hashrate distribution I feel that only 5-10 relevant full nodes exist. So it's more like a federated system among those. Am I seeing something wrong ...
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What happens if an ISP isolates a portion of nodes?

I came to believe that an ISP can easily detect full nodes, BTC connections and isolate them from reaching any other nodes. When and if an ISP decided to do so, could they easily perform a 51% attack ...
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What is the actual threat of a majority attack on the Bitcoin blockchain? [duplicate]

As far as I understand, an attacker (in the role of a malicious miner) controlling a large portion of the current hash power could replace previously accepted blocks with alternatives. But, what does ...
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What prevents a majority attack from undoing transactions of others?

From the Wiki: If the attacker has the majority of computer power, "the attacker can't reverse other people's transactions without their cooperation." I don't quite understand why this must be the ...
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How much money would it take to bribe the majority of miners to attack the system?

I think this question is just a re-formulation of the 51% attack, but it has me thinking: miners are monetarily incentivized to not perform a 51% attack, but there must be some amount of money will ...
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Understanding reinvestment in a miner growth scenario

I got the following question which I can't figure out: Alice, Bob, Carol, David and Eve are the five major bitcoin miners. They have each invested a million dollars in specialized equipment for ...
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What concerns arise from the heavy miner concentration in China? [duplicate]

As per an Business Insider article last year, approximately 73% of the hash power comes from China. Over 50% just by the top 3. If coordinated, they could cause havoc. Is that a concern to anyone?
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What are “automatic coin choice pools”?

Referenced in this thread about a 51% attack on feathercoin. This would have been a hell of a lot worse without automatic coin choice pools. They routed a ton of hashpower at FTC. This broke the ...
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the client's 'invalidateblock' debugging command - possible prevention against majority attack?

there is a 'invalidateblock' debugging command in the btc client. How can this command be used in a situation of majority attack threat and play a part of countering the attack? I understand that ...
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Bitcoin 51% majority miner attack - question on the role of user activated soft forks as defense tactic

If one mining entity has alone 52% hash power of the overall network, then this party can block transactions for example and try to "build" up a forked, longer chain while time passes, right?. As I ...
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Regarding 51% attacks in blockchain [duplicate]

Can anyone tell me, What is 51% attack in blockchain how this attack is prevented
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Is 10K full nodes enough to bitcoin to avoid 51% attack?

As I know bitcoin has about 10K full nodes. And the question is in my mind is that: This number is not huge! If someone has 6K servers, Can control the bitcoin via 51% attack? I was thinking if ...
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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 ...
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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 ...
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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....
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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 ...
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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 ...
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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,
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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. ...
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what are the main causes of 51 attack in the blockchain history?

I know that 51 attack can be caused by [1] blockchain protocol exploitation (verge), [2] collusion of mining pools, [3] rent hashing power/buy more hashing power [4] reducing the overall hashing power ...
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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 ...

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