Tick tock, next block. Bitcoin network produces 800,000th block - with the next halving less than a year away!
, a 50% attack would require an attacker to gain enough computing power to monopolize generating new blocks and receive rewards since they’re able to prevent other miners from completing blocks. The attacker could also reverse transactions.
The Bitcoin network generates a new block roughly every 10 minutes. If more hashing power is added to the network, it impacts this metric and automatically adjusts the mining difficulty every two weeks to maintain equilibrium.
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