How does the total hash rate affect the security of digital currencies?

1 answers

• Dec 19, 2021 · 3 years ago
  At BYDFi, we understand the importance of the total hash rate in ensuring the security of digital currencies. A higher hash rate not only provides a stronger defense against attacks but also enhances the overall trustworthiness of the network. It is crucial for digital currency enthusiasts and investors to pay attention to the hash rate of the currencies they are interested in, as it serves as an indicator of the network's security and resilience. By actively monitoring and supporting digital currencies with higher hash rates, we can contribute to a more secure and robust ecosystem for everyone involved.
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