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.
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Blockzeit was founded in 2021 in Switzerland with the mission of bridging the gap between the complex blockchain technology and the general public. Blockzeit is a news and education platform that aims to make blockchain more accessible and bring more transparency to the scene.
