Ethereum Asked by krritik on February 3, 2021
Suppose there is a user A which transfers some ethers to user B through a proper transaction.
So is it possible to alter the transaction. Something like going back to the block which contains the transaction and creating another chain with a new transaction in which ethers are not sent to User B. So, will the second transaction override the first one.
In short, I want to know what will happen to both of the transaction and how the blockchain will discard one and will keep the other?
It is possible to rewrite blockchain history and replace a transaction by another one. To do so you have to replace already mined blocks by new ones and this new "fork" has to have a larger proof of work.
Your need to have more computation power than the honest miners. This attack is called a 51% attack.
Answered by Ismael on February 3, 2021
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