What Is the Relationship between a Coin’s Difficulty and Its Vulnerability to a 51% Attack?
A coin's mining difficulty is a measure of how hard it is to find a valid block. Low difficulty means less computational power (hash rate) is needed to mine a block.
For a low-difficulty coin, an attacker needs less total hash power to acquire 51% of the network's total hash rate. This makes the attack cheaper and more feasible, as the attacker can rent or purchase the necessary hardware more easily.
Glossar
Mining Difficulty
Algorithm ⎊ The mining difficulty, fundamentally, represents a dynamically adjusted parameter within blockchain networks, primarily designed to maintain a consistent block generation rate irrespective of computational power fluctuations.
Computational Power
Capacity ⎊ The computational power, within the context of cryptocurrency derivatives and options trading, fundamentally represents the aggregate processing capability available to execute complex calculations and simulations.
Vulnerability
Exposure ⎊ Vulnerability within cryptocurrency, options, and derivatives manifests as quantifiable risk to capital stemming from imperfectly hedged positions or systemic dependencies.