Post
Topic
Board Bitcoin Discussion
Re: Is 51% attack only possible on the latest block?
by
_act_
on 18/02/2022, 11:24:32 UTC
If 51% attack is successful, the owner of the dominant hashrate have the power to reverse any transaction, it all depends on the hashrate.

You can read this which answers your question: https://bitcointalk.org/index.php?topic=5382044.msg59063011#msg59063011

Here's some noteworthy results:
  • With 30% of the hash rate, you have a ~62% chance to reverse a transaction with 1 confirmation.
  • With 40% of the hash rate, you have a ~55% chance to reverse a transaction with 5 confirmation.
  • With 20% of the hash rate, you have a ~10% chance to reverse a transaction with 3 confirmation.