A 51% attack is a potential attack on the blockchain network where a single entity or group controls more than 50% of the network’s mining hash rate, allowing them to manipulate the network by halting new transactions, reversing transactions, and double-spending coins.
« Back to Glossary IndexOKX Halts P2P Transactions In Nigeria Amid Central Bank’s Crypto Crackdown
Cryptocurrency exchange OKX has disabled P2P (Peer-to-Peer) crypto transactions for Nigerian users following the Central Bank of Nigeria's crackdown on...