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51% Attack
HomeGlossary Terms51% Attack

51% Attack

June 19, 2023BY Ubik Capital
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A 51% attack occurs when a single entity or group gains control over more than 50% of the nodes within a blockchain network. This situation compromises the decentralized consensus of the network, potentially leading to manipulative actions. If attackers possess over 50% control, they can disrupt, reverse, or duplicate new transactions, which can have devastating consequences for the affected blockchain. Notably, the difficulty and cost of executing a 51% attack increase as the network becomes larger, more decentralized, and more valuable.

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