WE-Launch51% Attack
A 51% attack occurs when a single entity or group gains control of more than 50% of a blockchain's hashing power or computational capacity. This level of control enables the attackers to perform several malicious activities such as double-spending (reversing transactions after they have been confirmed), blocking other participants' transactions, and monopolizing mining rewards. The attack undermines the decentralized nature of the blockchain and can significantly harm its reputation and security.
In 2019, the Ethereum Classic (ETC) blockchain suffered a 51% attack where the attackers reorganized the chain and double-spent approximately $1.1 million worth of ETC. This event shook investor confidence in smaller blockchains with lower hashing power, as they were more vulnerable to such attacks.
You may also like
Milady Meme Coin (LADYS): What You Need to Know in August 2025
Discover everything you need to know about Milady Meme Coin (LADYS) in August 2025—what it is, how it works, how to buy it, and why it’s trending in the meme coin economy. Explore its connection to Milady NFTs and the latest updates from WEEX Exchange.
Sylo.io (SYLO) Gets Listed on WEEX – SYLO USDT Trading Pair Launches
Sylo.io (SYLO) is now listed on WEEX Exchange with SYLO USDT trading. Explore this crypto utility token for metaverse metadata.
KoKoK The Roach (KOKOK) Now Live on WEEX Spot with KOKOK USDT Trading
KoKoK The Roach (KOKOK) USDT pair is now listed on WEEX Exchange. Start trading KOKOK USDT today with low fees and secure transactions.
TOWNS USDT Spot Trading New Listed on WEEX!
Towns (TOWNS) is now listed on WEEX Exchange. Trade TOWNS USDT spot pairs with secure, real-time access. Start trading Towns (TOWNS) today on WEEX.
Salary Token Now Live on WEEX Spot with SALARY USDT Trading
Salary (SALARY) USDT trading pair is now listed on WEEX Exchange. Trade SALARY USDT with secure access and competitive fees. New listing alert on WEEX!
Gainers
Customer Support：@weikecs
Business Cooperation：@weikecs
Quant Trading & MM：[email protected]
VIP Services：[email protected]
App