Can a Coin’s Governance Structure Be Used to Rapidly Counter an Ongoing 51% Attack?
Yes, a well-designed governance structure can be crucial. Mechanisms that allow for rapid community consensus, such as a developer-backed emergency hard fork or a quick change to the confirmation requirements on major exchanges, can counter an attack.
However, a highly centralized governance might be faster but risks being manipulated, while a decentralized one might be too slow to react effectively.