The cryptocurrency world is buzzing with a startling development. The community behind Qubic, an innovative AI-focused layer-1 blockchain, has cast a decisive vote. Their target? None other than Dogecoin (DOGE), the popular memecoin, for a planned 51% attack. This news has sent ripples across the crypto space, prompting discussions about blockchain security and the intentions […]
In the fast-paced world of cryptocurrency, vigilance is paramount. Recent Bitcoin News has brought to light a significant concern for Monero (XMR), a leading privacy-focused digital currency. A competitor, Qubic, is planning a major hashrate consolidation, raising alarms about a potential 51% attack on Monero by August 31, 2025. This development highlights the constant tension […]
In a bold and controversial move, Qubic, co-founded by IOTA’s Sergey Ivancheglo, has announced plans to control 51% of Monero’s hashrate, sparking intense debate and a 1.1% price dip for XMR. Meanwhile, QUBIC’s token surged 9.5%, reflecting market curiosity and skepticism. Here’s what you need to know. Qubic’s 51% Monero Hashrate Experiment: What’s Happening? Qubic […]
Monero, the privacy-focused cryptocurrency, is at a crossroads. The Qubic project’s proposed dual-mining model has ignited a fiery debate: Can Monero scale without sacrificing its core privacy principles? Let’s dive into the controversy. What is Qubic’s Dual-Mining Model? The Qubic proposal suggests allowing miners to simultaneously mine Monero and Qubic’s native token. This hybrid approach […]
The cryptocurrency world is abuzz with alarming news. Recently, reports surfaced suggesting a potential Monero 51% attack, a significant event that could shake trust in the privacy-focused blockchain. This development highlights ongoing challenges in blockchain security, particularly for proof-of-work networks. Understanding the Alarming Monero 51% Attack Allegations Charles Guillemet, the Chief Technology Officer (CTO) at […]
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