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51% ( majority ) hash power attack in bitcoin ! what is double spend ? monopoly of blockchain

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Админ Админович
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Опубликован в 27 Oct 2021 / В Компьютерная тематика

There are many misconceptions regarding 51% attack or majority hash power attack in bitcoin ( or other similar cryptocurrencies ) Also what is double spend attack ? How it works ? what it can lead to ? The monopoly of blockchain if some hacker gets majority hash power ! The myths vs reality video ! can the hacker modify bitcoin protocols ? Can he activate his own BIP - bitcoin implementation proposal ? Can he generate new bitcoins on his own or change supply of bitcoins ? What all majority hash power attack can lead to and what it can not lead to ! All these things will be cleared in this video . The current video was next part of this video : https://www.youtube.com/watch?v=LRR2-ibMqPM #bitcoin

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