What Is a 51% Attack and How Does It Compromise a Blockchain?

A 51% attack occurs when a single entity or group controls more than half (51%) of a blockchain network's total mining hash power. This majority control allows the attacker to manipulate the order of transactions and prevent new transactions from being confirmed.

The primary compromise is the ability to execute a "double-spend" attack, where the attacker spends the same coins twice. They achieve this by confirming one transaction on their private chain and a conflicting one on the public chain, then overriding the public chain with their longer, private chain.

Explain the Concept of a “51% Attack” in the Context of Network Hash Rate
How Does a 51% Attack Compromise the Security of a Token on a PoW Network?
Can a 51% Attack Be Used to Steal Coins That the Attacker Does Not Already Possess?
What Is the “51% Attack” and How Does It Relate to a Pool’s Size?
What Is a 51% Attack and How Does It Affect a Cryptocurrency Network?
What Is the Difference between a 51% Attack on a PoW versus a PoS Blockchain?
How Does a Proof-of-Work (PoW) Consensus Mechanism Prevent Double-Spending?
What Role Does Transaction Confirmation Depth Play in Mitigating the Risk of a Double-Spend?

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