What Is ‘Transaction Finality’ and Why Is It Important against a 51 Percent Attack?

Transaction finality is the guarantee that a confirmed transaction cannot be reversed or altered. It is crucial against a 51 percent attack because an attacker's main goal is to reverse their own transactions to double-spend.

Once a transaction reaches finality, the cost to reverse it becomes prohibitively high, especially in PoS systems with slashing. High finality ensures trust and reliability in the blockchain's ledger, making the network resilient to manipulation.

What Is “Double-Spending” in the Context of a 51% Attack?
Define ‘Double-Spending’ and Explain How the Blockchain Structure Prevents It
What Is ‘Double-Spending’ and Why Is It a Core Concern of a 51% Attack?
What Is ‘Transaction Finality’ and How Does Double-Spending Affect It?
What Is ‘Double-Spending’?
How Does ‘Finality’ Address the Double-Spending Problem in Proof-of-Stake?
What Is the Difference between a 51 Percent Attack and a Double-Spending Attempt?
What Is ‘Double-Spending’ and Why Is It the Main Concern of a 51% Attack?