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Qubic’s Alleged 51% Attack: From Monero to Dogecoin Targets
The crypto project Qubic has used its computing power and artificial intelligence to attempt to control the Monero (XMR) blockchain. Now, it plans to target Dogecoin (DOGE). A nightmare of the crypto industry goes by the name of a 51 percent attack, and a recent lesson revolves around one such attack. The Qubic project claimed to have successfully attacked the leading privacy coin Monero (XMR) with a 51 percent attack. While this subsequently turned out to be an exaggeration, it is certainly worrying – now Qubic wants to target Dogecoin (DOGE). What’s behind these events? If a 51 percent attack succeeds, it means ... (full story)