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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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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What are some potential scenarios that a state actor can harm bitcoin if they control more than 51% of the hashing power?

As reported recently, China controls more than 51% of the hashing power and just in one province in China controls 54%. Assuming China has bad intentions and forces all these mining operators to ...
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Can attackers change transactions during a 51% attack?

If in a 51% attack transactions can be reversed, isn't it possible that the chain with more hash rate also changes transactions (for example if x sent 5 btc to y, they would change it to x sent 500 ...
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Can a bitcoin transaction from a specific bitcoin address be banned? (via mining pools)

Can a bitcoin transaction from a specific bitcoin address be banned? (via mining pools) Suppose Satoshi Nakamoto wants to send some bitcoin from one of his bitcoin address, can the mining pools ...
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Can collective mining pools refuse to recognize a mining block mined by a specific miner?

This is a continuation to the question: Can a bitcoin transaction from a specific bitcoin address be banned? (via mining pools). Suppose Satoshi Nakamoto sends bitcoins from one address to another, ...
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transactions and 51% attack?

I have a very basic understanding of how the bitcoin blockchain works and am trying to understand how manipulating transactions in a 51% attack works. I just watched a video which stated 51% attacks ...
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Why one miner can dig out many blocks continually in one moment?

I am new to bitcoin and blockchain, I browed the website just now. There is a question confusing me, I find that one miner dig out blocks many times even in one hour. For example, this miner dig out ...
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Is the 51% attack the only technical reason no country will adopt Bitcoin as a state currency?

Is the 51% attack the only technical reason no country will adopt Bitcoin as a state currency? Lets suppose a country with GDP size less than 300 Billion USD adopt the Bitcoin as an official currency. ...
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Don't miners control who is allowed to make transactions?

Simple question really, considering theres a very small group of miners controlling the chain ATM. Whats to stop them from being forced by the goverment to disallow certain transactions or just mining ...
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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 - apparently very easy? refering to CZ's “rollback btc chain” - How to make sure such corruptible scenario can never happen so easily?

I was shocked to see binance CZ comment to literally "roll back" the bitcoin chain by just "calling" in some favors from "friendly" Asian miners . This ONE person could effectively do it??? I mean ...
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Robustness of bitcoin

I am wondering about the consequences of a potential 51% CPU attack on the bitcoin blockchain. Imagine that a state invests enough computational power to rewrite from scratch an entire blockchain, ...
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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 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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How much would it cost to do a 51% attack

how much would it cost to carry out an 51%-Attack? If there is a place service in the web that you can rent ASIC's than i would rather hear what renting this would cost. If not then buying the asics ...
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Is possible to destroy the Bitcoin for just $500K? (51% attack)

Everytime I read about the 51% attack the answer was something like: is really expensive to get 51% of power on BTC and nobody will invest so much so to destroy the bitcoin. But I found this site ...
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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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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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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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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 ...
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Do you really need more than 50% mining power in order to attack Bitcoin blockchain?

My question is about concept, so code is not related, however, do you really need 51% of the mining power in order to attack/replace the real bitcoin Blockchain? For example, a blockchain has a ...
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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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How do I know that the majority of bitcoin miners are not XYZ government's facilities? [closed]

Even if "Satoshi Nakamoto" is/was actually a real person, how can I be sure that XYZ government (XYZ can be US, or China, or ...) does not have now (or will not have in the future) 51% of the hashing ...
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What is the Ripple equivalent of the “51% attack?”

In Bitcoin, if a participant gains control of more than 50% of the hash power, they can execute a double-spending attack. The "attack" could come from within, say if the existing powerful miners ...
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double spend attack: Is this actually true for the more time progress the higher the probability of success for attacker

I'm new here. I have a question here. Some experts keep saying that this assumption isn't formally correct and I don't really understand why or why they might be wrong. In the double spend attack; ...
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What can an attacker with 51% of hash power do?

Suppose organization X has 51% of the hash power for a period of 1 week. In this week, what exactly can and can't X do?
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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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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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Bitcoin is attacked by China miners by screwing with the network, what will Bitcoin do?

There was a report recently (https://arxiv.org/pdf/1810.02466.pdf) that stated that China controls 74% of the hashing power. They can choose to collude and attack the network by either doing a 51% ...
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POW based blockchains systems Majority Attack

TL;DR: With only 30% of network power a Majority Attack is possible and profitable. Am I missing anything? Generally speaking, blockchains based on Proof-of-Work authentications are using amount of ...
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What do we mean by honest nodes?

In his recent paper, Vitalik often mentions the term "honest nodes". What do we mean by that exactly?
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Is there a limit to how many blocks can be rolled back from a 51% attack?

I was wondering if we where to ever face a 51% attack is there some sort of limit as to when the longest chain doesn't matter? For example if I owned 51%+ of the network, mined 1000 blocks privately ...
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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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Why do we call it a 51% attack instead of a 50% attack?

From the Bitcoin paper: p = probability an honest node finds the next block q = probability the attacker finds the next block qz = probability the attacker will ever catch up from z blocks behind qz ...
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Why is it more profitable for a node with more than 51% computation power to abide by the rules in the bitcoin network

The Bitcoin whitepaper states - "The incentive may help encourage nodes to stay honest. If a greedy attacker is able to assemble more CPU power than all the honest nodes, he would have to choose ...
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How prevalent are coin attacks with botique altcoins?

I have deployed several altcoins using various PoW algorithms on my LAN for my buddies and I to mine/learn from. We ultimately want to go the distance of deploying an altcoin to the world, writing the ...
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On a low level, how are long chains kept secret and later broadcast during 51% attacks?

I've been reading about the vulnerabilities of PoW crypto, and there's a part of it that I don't understand. Suppose I wanted to stage a 51% attack on Bitcoin (not really feasible, but bear with me). ...
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Why more confirmations would help in a 51% attack scentario?

After the 51% attack on Bitcoin Gold. The developers of the cryptocurrency recommended the exchanges to increase the confirmations. I don't understand why would increasing the confirmations help if ...
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Why can a 51% attacker not change the block reward?

It is said that in the case of an attacker having a sustained 51% power, the attack still cannot change the block reward. Why? My naive understanding is that, since consensus is controlled by the ...
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Why does Bitcoin no longer have checkpoints?

I've read that checkpoints in Bitcoin were removed because they were not preventing any meaningful attack. Why should a regular checkpoint not prevent majority attacks? For instance, if a checkpoint ...
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Why has BCH not received a 51% attack yet?

BCH right now has around 10% of BTC total hashrate. There are multiple pools that control 10%+ of the total BTC hashrate why haven't any of those just allocated a few hours of hashrate to do a 51% ...
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Given that you have the necessary computing power, how does a tampered blockchain get accepted by the network?

I read that you can only tamper with a blockchain if you have more than 50% of the computing power in the network. So say you have 51% of the computing power, then you can create a longer blockchain ...
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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 are the implications of a huge amount of unused hash power?

A not unthinkable scenario is that the Bitcoin price decreases to, say, 10-20% of today's value. This would make mining less profitable, and the difficulty should adapt accordingly. This should lead ...
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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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51% attack on New coins

I have experienced 51% attack after launching a new altcoin last month. While i mined only 100 blocks using coin-cli generate 1, i noticed somebody already mined 2000 blocks within minutes attacking ...
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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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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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Forking Bitcoin how to prevent a 51% majority attack

Lets say I fork Bitcoin, to lets call it StackCoin. How do I prevent a 51% majority attack when miners are not in abundance? Would I have to setup a lot of miners to create the infrastructure of the ...
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51% attack and rewriting to the latest checkpoint

This is not a question about the consequence of a 51% on the price nor as to the motivation of the attacker. Let say we don't care that it's not realistic and we don't care that the attacker wouldn't ...