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Qubic’s Selfish Mining Claims Raise Concerns Over Monero’s Network Stability Amid Ongoing Attack
Monero has experienced a significant disruption with 60 blocks discarded in 24 hours due to a 51% attack by Qubic, raising concerns about network security.
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60 blocks discarded: Monero faced 60 orphaned blocks in the last 24 hours.
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51% attack claimed: Qubic’s founder claims the mining pool has achieved a 51% control over Monero.
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Economic attack: Qubic miners are incentivized to mine Monero and sell proceeds for Qubic tokens.
Monero faces a significant threat from Qubic’s selfish mining tactics, leading to a 51% attack and concerns over network integrity.