SumoStrength
Wed Jul 10 2024
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5 answers
873
Could a bitcoin 51% attack happen today?
Could a Bitcoin 51% attack truly materialize in today's cryptocurrency landscape? With the ever-evolving nature of blockchain technology and the growing number of miners securing the Bitcoin network, it begs the question of whether such an attack is feasible. Given the immense computing power required to achieve a majority hash rate and the financial incentives that miners receive for maintaining the network's integrity, does the threat of a 51% attack still loom large? Or have advancements in Bitcoin's security mechanisms rendered such an attack all but impossible?
