!nb Hey @J1 Pelaez, thanks for your time. But that all soun…
!nb Hey @J1 Pelaez, thanks for your time. But that all sounds too complicated for my donkey. Here's a simple explanation of the 51% attack:
A 51% attack refers to the act of intentionally building a new longest chain of blocks to replace blocks already in the blockchain. This allows you to replace transactions that have previously been mined into the blockchain.
This kind of attack is easiest to perform when you have a majority of the mining power, which is why it's referred to as a "majority attack" or a "51% attack".