While touted for its security, blockchain technology can be vulnerable. With the increase in blockchain use, we’re beginning to discover its flaws.
How a blockchain is structured is usually the underlying cause of its vulnerability. In recent years, there’s been a surge of cryptocurrency theft. Over the last two years, hackers have stolen nearly $2 billion worth of cryptocurrency due to flaws in blockchain technology.
Explore blockchain terminology, learn about the 51-percent rule and smart contracts, and discover how they relate to weaknesses in blockchain security.