DiamondStorm
Thu Jan 23 2025
|
6 answers
1614
What is the 51% rule in crypto?
The 51% rule in crypto refers to a potential attack scenario where a malicious actor gains control of over 50% of the network's hashing power. With this majority, they can theoretically rewrite the blockchain, allowing for double-spending of coins or the reversal of transactions. This attack is mostly a concern for cryptocurrencies using the Proof-of-Work consensus mechanism, like Bitcoin.
Nicola
Mon Sep 09 2024
|
6 answers
1384
What is the apex 30% rule?
Could you please elaborate on the concept of the "apex 30% rule" in the context of cryptocurrency and finance? I'm curious to understand what it entails and how it's applied in managing portfolios or making investment decisions. Is it a widely accepted principle or a more niche strategy? How does it help investors navigate the volatile cryptocurrency market?
