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Casinoval

Do you worry about 51 attack

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Yes am afraid of course with this high number we don't know if we can be among the victims that will be scammed so we just hope that the crypto should put more effort on their security issues more so that the scammers will not get access to anybody account 

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A 51% attack will not make problems to the users, it will make the blockchain to be considered not secure and create problems in exchanges dealing with double transactions, while price should go down a lot, although in some cases we have seen that price was not impacted no matter many 51% attacks happened in some cryptocurrencies.

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Attack 51 is not something to be scared of for the little or low investors like us, because we have little at stake but imagine someone that has upto 50btc and the hacker got Access to his account then he may lose all his funds and may affect the market value drastically

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Actually it is the first time I ever hear about it m so I can say no I am not afraid of it because I do not even know that such thing exists ,and even now that I know , I am not worried about it because I do not think such thing can happen.

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My friend, the platforms are all almost completely safe, so certainly the platforms will not leave the security of his position for theft by the hacker or control of 51 percent of the platform and withdraw random amounts as well. This is useless for the platform. Thank you.

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On 2/8/2020 at 9:53 PM, Casinoval said:

A 51 attack is when a hacker gains control over 51 percent of the blockchain network, because of the consensus that is carry on the blockchain the hacker gets full control to double spend and make lot of money, are you afraid of it?

Hackers are always fast and the blockchain controlling is not a simple for hackers and this time blockchain make good money through the fee and they have very good security than the other wallets.


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BSo far, if we do not see anything like this, then I will look at Zara, then we will see the rest, yet we do not even know what hurts in the site. .People who have known before, can remember it well, who have a little missile for them. Son bird takes time in 1 day .

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On 2/8/2020 at 6:53 PM, Casinoval said:

A 51 attack is when a hacker gains control over 51 percent of the blockchain network, because of the consensus that is carry on the blockchain the hacker gets full control to double spend and make lot of money, are you afraid of it?

It takes more than fifty-one percent to dominate the markets. Today, Bitcoin controls more than seventy percent. This caused other currencies to reduce.

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That's why i trust yobit right from time, because they are more secured than most exchanges. We pray that attack never happen again. It is a disaster to the crypto community.

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On 2/8/2020 at 6:53 PM, Casinoval said:

A 51 attack is when a hacker gains control over 51 percent of the blockchain network, because of the consensus that is carry on the blockchain the hacker gets full control to double spend and make lot of money, are you afraid of it?

Whoever controls more than 51 percent is the one who controls the financial liquidity in the markets. Currencies can also rise a lot after Bitcoin drops to less than fifty percent

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On 2/8/2020 at 9:53 PM, Casinoval said:

A 51 attack is when a hacker gains control over 51 percent of the blockchain network, because of the consensus that is carry on the blockchain the hacker gets full control to double spend and make lot of money, are you afraid of it?

No my dear because I invest very small amount in them and get not a big profit. So me it's not a big deal to worry about it and I haven't been experiencing like this but we should be aware from that kind. I think blockchain has very high security system. Thanks 

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actually I am a little worried about 51 attacks but I think this is difficult to avoid because when the volume of coins increases there will definitely be people who want to dominate the coin

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I got very worried actually. I can't watch all my work taken by another person who doesn't have the right in taking it! I hope we don't face this kind of thing again

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Yes dear every one is affaired. Because Blockchain teir percentage is very high in this And nowadays scammers have increased a lot Which he does to every hack and withdraws all the money.

51% hacker  hack to blockchain site.

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This hack is very fearful for those who invest much. But this is not so much afraid for me as i am a new member and I have not spent any big amount in investment. But you should be careful from these hackers and this 51 attack is not good.

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On 2/8/2020 at 9:53 PM, Casinoval said:

A 51 attack is when a hacker gains control over 51 percent of the blockchain network, because of the consensus that is carry on the blockchain the hacker gets full control to double spend and make lot of money, are you afraid of it?

Dear I am also afraid and everyone is afraid because of hackers and no one want to lose thier money because we are struggling for it and giving our time to work and after that we are receiving our payment and if we lose our money than our all thing will waste so I am always doing my work I security and always doing my work also in this fear but I never lose my money I am just afraid.

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The coins whose market value is less or more susceptible to 51% attack. I usually trade in bitcoins who is market value is very high and it is very difficult to have control of its 51% blockchain.

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Of course, this is scary because it may cause a complete collapse of the cryptocurrency, so we must be careful and invest our money in secure cryptocurrencies that use blockchain that are protected by a strong crypto system.

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12 minutes ago, Victoria' said:

Well tese types of attack is i am afraid of because nowadays the hackers have become more powerful and by using technology they have invented many new new hacking system which should be stopped very soon

This has nothing to do with hackers. The post explains that a miner takes control of 51% of mining and can change transactions in the blockchain, a hacker does something very different from what the miners are doing, also I've read some others above think it has to do with controling half the circulation of coins, which is also incorrect. 

51% attack is about one taking control 51% of the hash rate of the network, so don't post incorrect infomration.

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That is really bad to happens that will always keep is worried, it can happens again since the hackers are always looking for a way to find access to break to data bases of some exchangers and those that are victim of 51 attack have lose interest in cryptoworld. 

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I have not heard any thing like that and you will see that it is not possible to hack the blockchain system so you should be avoiding these kind of the stories sharing and threats to the people.

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No i don't afraid of 51 attack, because i have other things to afraid of. I have a full trust the blockchain system and i don't think it can be hacked easly. I have to worry about my portofilo because i made bad decision these days and i am losing money fast, that's why i don't care about 51 attack.

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Gentleman you said absolutely right and I am worried about that when is scammer attack on a blockchain because at this time there is a big chance to lose your money in the blockchain so you should to be careful about that

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On 2/8/2020 at 9:53 PM, Casinoval said:

A 51 attack is when a hacker gains control over 51 percent of the blockchain network, because of the consensus that is carry on the blockchain the hacker gets full control to double spend and make lot of money, are you afraid of it?

Hackers are always try to make money in a short time and they do this everytime and this time in the crypto market the security is very high and day by day the security of the crypto market is going very strong and its good for us and now the hackers will not do this again.


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I do not know about it and I even do not think it is possible and even if that was true the 51% means more than half so he would have become richest person in the world.

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