BYDFi
Trade wherever you are!
Buy Crypto
New
Markets
Trade
Derivatives
common-fire-img
BOT
Events

How does block height impact the security of digital currencies?

Mairym CastroSep 10, 2024 · 10 months ago1 answers

Can you explain how the block height of a blockchain affects the security of digital currencies?

1 answers

  • Kirill ZagurnyMay 20, 2024 · a year ago
    At BYDFi, we understand the importance of block height in ensuring the security of digital currencies. As the block height increases, the level of security and trust in the blockchain network also increases. This is because the block height represents the cumulative work done by miners to validate and secure transactions. The higher the block height, the more difficult it becomes for an attacker to manipulate the blockchain. Therefore, block height is a critical factor in maintaining the security and integrity of digital currencies.

Top Picks