Can blockchains survive 51% attacks?

Understanding the vulnerability, recent 51% attacks and potential remedies

Soumitra Bandyopadhyay
DataDrivenInvestor
Published in
7 min readJan 9, 2019

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Unfortunately yes, 51% attacks are becoming more common. In fact, one is happening right now on Ethereum Classic network. Almost every blockchain literature mentions 51% attack as a vulnerability, however, with very low to almost no chances of ever happening.

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