51% Attack
By CoinGecko | Updated on Mar 03, 2020
Attempt to obtain control of a cryptocurrency, by obtaining 51% or more of the power of the network or of the cryptocurrencies of the network.
Related Terms
Decentralized Autonomous Organization (DAO)
Open source and decentralized systems that do not require centralized operators or controllers.
Proof of Work (PoW)
A consensus algorithm in which a block is validated via mathematical hashing
Open Source
Open-source software is a type of software released under a license in which the copyright holder grants users the rights to study, change, and distribute the software to anyone and for any purpose.
Decentralized
A system where there are no centralized points of failure or organization with no central authority figure.
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