51% Attack

Imagine spending 5000 rupees to purchase a new phone online.

Once the phone is delivered, logically you cannot still have those 5000 rupees. You spent the money buying the phone, right?

With a 51% attack, a person is able to to control more than half the blockchain network.

With this control, they can alter the chain’s records – show themselves as owner of both the new phone and the money used to buy it

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