Are Smaller Cryptocurrencies More Vulnerable to 51% Attacks?
Yes, smaller cryptocurrencies are generally more vulnerable to 51% attacks. This is because their total network hash rate is lower, making it cheaper and easier for an attacker to acquire enough mining power to control the majority of the network.
The cost of a 51% attack is directly proportional to the network's hash rate. As a result, cryptocurrencies with smaller mining communities and lower market capitalizations are more susceptible to this type of attack.