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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.

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Related Terms

BitLicense
Refers to the business license issued by the New York State Department of Financial Services (NYSDFS) to companies dealing with Cryptocurrencies (subject to certain exceptions) in New York.
Decryption
The process of decrypting data that was previously encrypted (made unreable) back to a readable form.
Ethereum Virtual Machine (EVM)
Ethereum Virtual Machine (EVM) is the environment in which all smart contracts are executed.
Block Reward
One of the mechanisms built into a blockchain to incentivize validators
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