15
51% Attack
(miningpoolstats.stream)
This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.
Wallets
Android (Cake Wallet) / (Monero.com)
iOS (Cake Wallet) / (Monero.com)
Instance tags for discoverability:
Monero, XMR, crypto, cryptocurrency
But a pool could be turned into a malicious pool by an adversary that takes control of it. A clear disadvantages of centralization is that it creates a single point of failure.
Why is this the case? I still have not studied the Monero protocol yet.