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Is Bitcoin Facing a 51% Attack? What You Need to Know

Understanding the 51% Attack Threat

Bitcoin, often touted as a beacon of decentralization and security, faces a new wave of speculation regarding a potential 51% attack led by Bitcoin Unlimited (BU). You might be wondering, what exactly is a 51% attack? In simple terms, it’s when a single entity gains control of more than half of the network’s mining power. This could lead to chaos, including double-spending and a significant loss in value.

PFhub’s Warning: Pay Attention!

PFhub recently published an article raising alarms about this potential threat. They stated that BU might be

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