Monero Shows 51% Vulnerability — Reputation at Risk
I explain why a 51% attack is dangerous: in Proof-of-Work systems one participant must not control more than 50% of the hashrate, because that concentration breaks the basic security assumptions.
The risks from a 51% attack include double-spending my own transactions, temporarily freezing or undermining the network, and forcing repeated chain reorganizations that create instability.
For Monero, this is a reputational hit — it markets itself as decentralized, yet hashrate concentration shows vulnerability. If the control lasted only a few hours and then dispersed, the immediate damage may be limited, but the episode reveals a real centralization risk.
Analysis
Recommendation
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.