Collusion
What does Collusion mean?
An attempt, or the perception of an attempt, of groups of nodes to cooperate in order to influence the writing, rewriting, or forking a blockchain.
Main Idea:
In economics, collusion refers to a coordinated attempt to gain greater market power or to determine the rules of a game.
When securing blockchains from attacks, collusion refers to the malicious and intentional coordinated action by participants in the network to subvert the process of constructing an honest blockchain.
Used in a Sentence:
From the point of view of a blockchain user, a blockchain protocol that has strategically provable security and edge security is one that is able to give the blockchain user protection from any collusion within the blockchain network.
Last Updated: March 21, 2021
Read what Geeq has to say about Collusion...
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