51% Attack
By CoinGecko | Updated on Mar 03, 2020
Attempt to obtain control of a cryptocurrency, by obtaining 51% or more of the power of the network or of the cryptocurrencies of the network.
Related Terms
Decentralized
A system where there are no centralized points of failure or organization with no central authority figure.
Buy/Sell Tax
On-chain buy or sell tax rate where a percentage of the tokens bought/sold will be transferred to a set address.
Dusting Attack
A new form of malicious activity in which hackers and scammers attempt to undermine the privacy of cryptocurrency users by sending little amounts of money to their wallets.
Liquidity
The ease of which cryptocurrency can be bought and sold without impacting the overall market price.
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.