As the most effective of the so-called privacy coins, Monero is designed specifically to make it impossible for anyone to trace by breaking the chain connecting one transaction to another. But now, it’s facing a potential crisis on its home front as a growing concentration of power calls into question just how secure those transactions are.
While blockchain transactions are said to be immutable, there is one big asterisk next to that statement: A 51% attack, which allows anyone who gains…
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