Certified Bitcoin Professional Test — Flashcards | Cryptocurrency / Bitcoin / Blockchain / And More | FatSkills

Certified Bitcoin Professional Test — Flashcards

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51% ATTACK
This could be described using the example of a 'major shareholder'. Once a shareholder owns 51% of shares in a company they own it. In the bitcoin community, a 51% attack is a single miner or group having a controlling stake of the computing power in a cryptocurrency network. This could enable them to issue transactions that could conflict with someone else's, stop transactions going through, spend their currency multiple times over and prevent other miners from mining.
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