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Venkata Ramireddy Mettu
@ramm
Understanding and Mitigating 51% Attacks. 💰 Total Funding: $300M 🚀 Certik Probable Airdrop! 📝 Sign up ➡️ https://skynet.certik.com/quest/signup?referralId=ffa8b248-f7c2-40fe-9321-d4e71558d3f6 🎯 Quest ➡️ https://skynet.certik.com/quest/understanding-and-mitigating-51-attacks?referralId=17752949089321175745 🔓 Level Requirement: 7 for all actions above! 1️⃣ What happens in a 51% attack? 👉 An attacker gains control of more than half of the network’s computational power 2️⃣ Which of the following is a potential consequence of a 51% attack? 👉 Double-spending of coins 3️⃣ How can blockchain networks reduce the risk of a 51% attack? 👉 By distributing mining power widely and adjusting mining difficulty
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