51 Percent Attack Threshold
The 51 Percent Attack Threshold is the point at which an adversary gains enough control over a blockchain's consensus mechanism to disrupt the network. In proof-of-work, this means controlling more than half of the total hashrate, while in proof-of-stake, it refers to controlling more than half of the staked assets.
Once this threshold is crossed, the attacker can censor transactions, reverse their own transactions to double-spend, and prevent other blocks from being confirmed. This is the ultimate systemic risk for any blockchain protocol.
The cost of achieving this threshold varies significantly based on the network's total security budget and the market price of the hardware or tokens required. Analysts use this threshold to determine the economic cost of an attack and to evaluate the security of smaller, less liquid networks.
It is a foundational concept in the study of blockchain security and the design of robust consensus mechanisms.