Sybil Attack

« Back to Glossary Index

The Sybil Attack undermines an online network by creating many IDs, nodes or accounts to upset the balance of power. The tactics are utilized to acquire influence or power over a network. The Sybil Attacks attempt to centralize the power in these decentralized networks and the blockchain technology can be easily manipulated by this as the processes are usually automated and the DAOs are simply small teams of engineers and developers.

« Back to Glossary Index

Check Also


7 Best VPN For Streaming: Enjoy Your Shows From Anywhere

Isn’t it frustrating when you just want to kick back and watch your favorite shows …