Ethereum: What is meant by transaction ‘pinning’?

Ethereum: What do we mean by the “Pining” transaction?

Ethereum, one of the most striking and widely used blockchain platform, has introduced a feature called transaction recording. At first glance, this concept may seem complicated, but can be divided into many key aspects to understand it.

Ethereum: What is meant by transaction 'pinning'?

What is the blow?

Simply put, transaction recording is a mechanism that limits the number of transactions that the individual or user group can perform at the same time to prevent the malicious actor from settling a “51% attack”. In this context, the “attack” refers to the process by which the attacker tries to check more than half of the network’s mining power.

How does the blow work?

When transactions are recorded on a blockchain or cryptocurrency network, it ensures that certain transactions can be prioritized to others. The primary goal is to prevent the attacker from overloading the network with too much transactions. This can be achieved by distributing a limited number of “strikes” and allowing users to perform transactions simultaneously.

Types of blow

There are two types of types:
1. Full fixing

and
2. Partial blow .


Total blow : This includes locking all possible transaction slit time, ensuring that additional transactions on the network cannot be implemented.


Partial blow : In this scenario, only specific slit times or certain transactions sets are recorded to prevent the attacker from access to that funds.

Why is the transaction important?

The blow has become a decisive strategy for various user and organizations of Ethereum ecosystem. This not only helps prevent such attacks, but also provides additional security measures:

– Limit possible damage if the attack is success.

– Reducing the likelihood of “51% attacks”, which may have devastating consequences.

conclusion

In summary, transaction recording is a sophisticated mechanism developed to protect the Ethereum network from malicious actors. By understanding how this service works and its benefits, users can better appreciate the importance of this technology in maintaining the integrity of cryptocurrencies.

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