The Qubic community, the project focused on AI that conducted a 51% attack on Monero this week and gained most of the network computing power control, voted on the Target Dogecoin (Doge) Next.
Sergey Ivancheglo, the founder of the Quubic Network, asked the Quubic community with the specific application of Integrated Circuit (ASIC) -Enabl Next 51% attackIncludes Doge, este (WHO), and zcash (ZEC).
“The quubic community was selected by Dogecoin,” Ivancheglo, who passed the online handle came-from-Beyna, wrote a week x x Post The results of the vote were revealed.
Dogecoin, with a market cap of over $ 35 billion, received more than 300 votes, mainly other networks combined.
Quubic’s Successful 51% attack on MoneroA privacy blockchain, took the crypto community by surprise, and the AI-focused network targeted at another proof-of-work cryptocurrency could signal distracting implications for digital blockchain-relying on mining blockchain assets.
Related: Monero ‘Economic Attack’ receives a strong community response
Qubic successfully captures the dominance of the hashrate on the Monero network
The Quubic Team announced That gained most of the computing strength control used to secure the Monero Network on Monday.
Qubic’s Mining Pool successfully fixed six blocks Following a month’s war Along with other Monero miners for network hashrate control.
Quubic mining pool regulates a hashrate about 2.32 gigahashes per second (gh/s) at the time of this writing, according to Miningpoolstats.
“The main function of the Monero Network remains intact. The privacy, speed, and usability are not compromised,” the Quubic team wrote on Tuesday following the acquisition.
“However, the purpose of the end is for the security of the Monero protocol that Qubic miners will provide,” the team continued.
Following the attack, exchange of crypto Kraken temporarily suspended Monero (Xmr) Platform deposits, citing the “potential risk of network integrity” from 51% of a single miner’s mono.
Despite the temporary pause of Monero’s deposits, the exchange keeps the XMR removal and the trade is open and told users that XMR deposits will return once the exchange is considered “safe,” according to one announcement from the company.
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