Tag: blockchain Sybil attack

14Dec

Sybil Attack Examples in Cryptocurrency: How Fake Identities Break Blockchain Trust

Posted by Peregrine Grace 19 Comments

Sybil attacks in cryptocurrency use fake identities to manipulate governance, steal rewards, and break trust in decentralized systems. Real examples include Ethereum Classic and DeFi protocols where bots swung votes and drained funds. Learn how they work-and how to spot them.