
EC-CouncilBlockchain Developer Certification
Domain 7Objective 1
Attack Surfaces in Blockchain Ecosystems BDC Practice Questions (Page 10)
Part of the Blockchain Security and DeFi Development domain, which makes up ~11% of our current practice bank.
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7concepts
Questions 46–47
- 46
What is a 51% attack in a proof-of-work blockchain?
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A DeFi lending protocol allows users to deposit collateral and borrow stablecoins. The protocol uses a price oracle that updates every 5 minutes. An attacker takes out a flash loan, buys a large amount of a low-liquidity token, and uses that token as collateral to borrow stablecoins. The attacker then sells the token, causing its price to drop, and defaults on the loan. What is the primary risk exploited?
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