Could a Government Launch a 51% Attack on a Cryptocurrency? ⎊ Path

Could a Government Launch a 51% Attack on a Cryptocurrency?

It is theoretically possible for a government to launch a 51% attack on a cryptocurrency. A government could use its resources to acquire a large amount of mining hardware and electricity to control the majority of a network's hash rate.

However, this would be a very expensive and politically risky move. It would also be difficult to keep such an operation secret.

The economic and geopolitical consequences of such an attack could be significant.

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Glossar

Government

Regulation ⎊ Government refers to the regulatory bodies and state actors that establish legal frameworks for cryptocurrency exchanges and derivatives trading.