Qubic
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Security alert in the crypto world!
A 51% attack has rocked the Qubic network, and it has also indirectly impacted #Monero (#XMR ).
What happened?
Qubic, a proof-of-work (PoW) network relying on Monero as one of its base cryptocurrencies for computational work, suffered a major blockchain reorganization. The attacker gained control of more than 50% of the network’s computing power, allowing them to reverse transactions and potentially execute double-spending attacks.
How is this related to Monero?
While the attack was aimed directly at Qubic, the security infrastructure of the network was partially dependent on the integrity of Monero’s mining ecosystem. This incident exposes vulnerabilities when smaller projects depend on larger blockchains for security. Importantly, the main Monero network was NOT compromised.
The Qubic community is already investigating the breach and taking steps to shore up its security against similar threats in the future. This serves as a stark reminder of the risks smaller PoW networks face and the critical importance of decentralization.
What lessons can we draw from this attack? How will it impact the way security is perceived in projects that rely on other blockchains?
Share your thoughts below!
#Criptomonedas #Qubic #XMR
A 51% attack has rocked the Qubic network, and it has also indirectly impacted #Monero (#XMR ).
What happened?
Qubic, a proof-of-work (PoW) network relying on Monero as one of its base cryptocurrencies for computational work, suffered a major blockchain reorganization. The attacker gained control of more than 50% of the network’s computing power, allowing them to reverse transactions and potentially execute double-spending attacks.
How is this related to Monero?
While the attack was aimed directly at Qubic, the security infrastructure of the network was partially dependent on the integrity of Monero’s mining ecosystem. This incident exposes vulnerabilities when smaller projects depend on larger blockchains for security. Importantly, the main Monero network was NOT compromised.
The Qubic community is already investigating the breach and taking steps to shore up its security against similar threats in the future. This serves as a stark reminder of the risks smaller PoW networks face and the critical importance of decentralization.
What lessons can we draw from this attack? How will it impact the way security is perceived in projects that rely on other blockchains?
Share your thoughts below!
#Criptomonedas #Qubic #XMR
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#xmr
🚫 Mining pool #Qubic successfully conducted a 51% attack on blockchain #Monero - CTO #Ledger
With >50% hash rate, Qubic can:
1. Rewrite the blockchain (chain reorganization).
2. Perform double spend (double spending).
3. Censor transactions (not include them in blocks).
‼️ The cost of maintaining control over the blockchain is approximately $75,000,000 per day.
Qubic has been increasing its share of the Monero hash rate for several months, offering miners higher than standard income.
The Monero community has repeatedly warned about the threat of centralization and suggested switching to decentralized pools (for example, P2Pool).
Previously, Qubic had reached 50%+, but such a prolonged hold of majority control has not occurred before.
🚫 Mining pool #Qubic successfully conducted a 51% attack on blockchain #Monero - CTO #Ledger
With >50% hash rate, Qubic can:
1. Rewrite the blockchain (chain reorganization).
2. Perform double spend (double spending).
3. Censor transactions (not include them in blocks).
‼️ The cost of maintaining control over the blockchain is approximately $75,000,000 per day.
Qubic has been increasing its share of the Monero hash rate for several months, offering miners higher than standard income.
The Monero community has repeatedly warned about the threat of centralization and suggested switching to decentralized pools (for example, P2Pool).
Previously, Qubic had reached 50%+, but such a prolonged hold of majority control has not occurred before.
See original
🛡️ Security alert in the crypto world! 🚨
A 51% attack has been reported on the Qubic network, also indirectly affecting #Monero (#XMR).💥
🔍 What happened? Qubic, a proof-of-work (PoW) network that uses Monero as one of its base cryptocurrencies for computational work, suffered a reorganization of its blockchain because an attacker gained control of more than 50% of the network's computing power. This allowed for transaction reversals and potentially double spending.😨
🔗 How is this related to Monero?
Although the attack targeted Qubic, the security infrastructure of this network partly relied on the integrity of Monero mining.
This incident highlights the potential vulnerabilities when smaller projects depend on the security of larger blockchains for their operation. It is important to note that the main Monero network was NOT compromised. ✅
⚠️ The Qubic community has been responding to the attack, investigating the causes, and seeking solutions to strengthen its network against future incidents. This event serves as a crucial reminder of the risks associated with smaller PoW networks and the importance of robust decentralization. 💪
🗣️ What lessons can we learn from this attack? How do you think it will affect the perception of security in projects that rely on other blockchains?
Share your thoughts in the comments! 👇
#Criptomonedas #Qubic #XMR #Blockchain
A 51% attack has been reported on the Qubic network, also indirectly affecting #Monero (#XMR).💥
🔍 What happened? Qubic, a proof-of-work (PoW) network that uses Monero as one of its base cryptocurrencies for computational work, suffered a reorganization of its blockchain because an attacker gained control of more than 50% of the network's computing power. This allowed for transaction reversals and potentially double spending.😨
🔗 How is this related to Monero?
Although the attack targeted Qubic, the security infrastructure of this network partly relied on the integrity of Monero mining.
This incident highlights the potential vulnerabilities when smaller projects depend on the security of larger blockchains for their operation. It is important to note that the main Monero network was NOT compromised. ✅
⚠️ The Qubic community has been responding to the attack, investigating the causes, and seeking solutions to strengthen its network against future incidents. This event serves as a crucial reminder of the risks associated with smaller PoW networks and the importance of robust decentralization. 💪
🗣️ What lessons can we learn from this attack? How do you think it will affect the perception of security in projects that rely on other blockchains?
Share your thoughts in the comments! 👇
#Criptomonedas #Qubic #XMR #Blockchain
GreenCandlesOnly:
Qubic, a PoW network linked to Monero, faced a 51% attack causing blockchain reorg and possible double spends. Monero itself is safe. This shows risks for smaller projects relying on bigger chains’ security. Qubic is working on fixes to prevent future attacks.
🧭 Monero is facing one of the most serious tests in its history.
The Qubic mining pool, running $XMR through its Useful Proof of Work scheme, now controls around 40% of the network's hashrate - just one step away from 51% and the risk of full consensus centralization.
👊 Instead of holding the mined XMR, Qubic instantly swaps it for USDT to buy and burn its own token, #Qubic . By making this loop more profitable than casual Monero mining, it has drawn massive hashrate away from independent pools, concentrating power in a single hand. Miners, chasing better returns, have naturally shifted their power to Qubic, resulting in it controlling a dominant share of Monero’s hashrate.
It didn't take long for the market to notice: $XMR dropped 9% in 24h, even as the broader market rallied. This decline has fueled debate — is this an attack on Monero’s core values, or just an economic experiment?
One thing is clear: we’re witnessing a rare moment when the ideology of privacy collides head-on with the raw mechanics of profit. If Qubic crosses that threshold, it won’t just be Monero’s consensus at stake — it will be a live demonstration of how financial incentives can override even the most principled decentralization.
#XMR #Monero
The Qubic mining pool, running $XMR through its Useful Proof of Work scheme, now controls around 40% of the network's hashrate - just one step away from 51% and the risk of full consensus centralization.
👊 Instead of holding the mined XMR, Qubic instantly swaps it for USDT to buy and burn its own token, #Qubic . By making this loop more profitable than casual Monero mining, it has drawn massive hashrate away from independent pools, concentrating power in a single hand. Miners, chasing better returns, have naturally shifted their power to Qubic, resulting in it controlling a dominant share of Monero’s hashrate.
It didn't take long for the market to notice: $XMR dropped 9% in 24h, even as the broader market rallied. This decline has fueled debate — is this an attack on Monero’s core values, or just an economic experiment?
One thing is clear: we’re witnessing a rare moment when the ideology of privacy collides head-on with the raw mechanics of profit. If Qubic crosses that threshold, it won’t just be Monero’s consensus at stake — it will be a live demonstration of how financial incentives can override even the most principled decentralization.
#XMR #Monero
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👉 If you are a passionate supporter of $QUBIC, leave a comment below. I want to follow more members of the community @_Qubic_! 👈
$QUBIC will experience a halving in 3 weeks 🚨
However, this is not just a reward reduction like the BTC halving; $Qubic goes further by implementing a supply shock.
In the world of cryptocurrencies, certain events alone trigger major market movements. The halving is one of those powerful catalysts. And Qubic, one of the most promising projects in Web3, is now entering this new era.
But what is halving? And more importantly: why could this lead to a surge in the value of QUBIC in the coming weeks? Let's take a closer look.
📉 Halving: reduction in supply, increase in tension
The halving is an event integrated into the Qubic protocol: every six months, the reward for miners is divided by
result
#Write2Earn #BTC #BinanceSquare $BTC $ETH $BNB #Qubic
$QUBIC will experience a halving in 3 weeks 🚨
However, this is not just a reward reduction like the BTC halving; $Qubic goes further by implementing a supply shock.
In the world of cryptocurrencies, certain events alone trigger major market movements. The halving is one of those powerful catalysts. And Qubic, one of the most promising projects in Web3, is now entering this new era.
But what is halving? And more importantly: why could this lead to a surge in the value of QUBIC in the coming weeks? Let's take a closer look.
📉 Halving: reduction in supply, increase in tension
The halving is an event integrated into the Qubic protocol: every six months, the reward for miners is divided by
result
#Write2Earn #BTC #BinanceSquare $BTC $ETH $BNB #Qubic
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#ProjectCrypto the emerging cryptocurrencies are in vogue on the market $Bob, #Qubic and #PEPE to name just a few. The market continues to fluctuate; how can we learn in this blooming currency to play our game so as not to lose.
So a complaint dear cryptofile knowing that the real whales are here, how could we others make the #Bull run with 100$ ?
So a complaint dear cryptofile knowing that the real whales are here, how could we others make the #Bull run with 100$ ?
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#Bullrun too many #ProjectCrypto newcomers for my tired part, we the newcomers in the market. So I would like, with the help of the knowledgeable, to put us on the path for a better purchasing choice in the market. #Bob, #Qubic , #Pepe and #Bonk to name just a few. What are the ideal options?
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The community is concerned about Qubic's 51% attack on Monero
The Monero community ($XMR ) is worried about the risk that their network could be taken over by a majority. The reason is that the Qubic project is attracting up to 28% of Monero's hashrate, becoming the largest mining pool on this network.
Mining mechanism and potential risks
Qubic uses the Useful Proof-of-Work (uPoW) mechanism, encouraging Monero miners to convert mined XMR into QUBIC tokens. Subsequently, #Qubic will sell this XMR to buy and burn QUBIC, creating deflationary pressure and increasing the token's price.
Monero faces this risk due to low mining costs and many miners using simple equipment. Notably, IOTA co-founder Sergey Ivancheglo, who is behind Qubic, has publicly discussed the possibility of increasing Qubic's hashrate to over 51% in August. Although Ivancheglo denies any malicious intent, he has stated that he will stop reporting Qubic's hashrate, causing further concern in the community.
Experts warn that this is not just a story specific to Monero. The issue lies in the economic mechanism of uPoW, which has created strong financial incentives, leading miners to voluntarily provide hashrate in exchange for better profits. This serves as a warning for all PoW networks about the importance of maintaining a balance of interests to ensure decentralization and security.
The Monero community ($XMR ) is worried about the risk that their network could be taken over by a majority. The reason is that the Qubic project is attracting up to 28% of Monero's hashrate, becoming the largest mining pool on this network.
Mining mechanism and potential risks
Qubic uses the Useful Proof-of-Work (uPoW) mechanism, encouraging Monero miners to convert mined XMR into QUBIC tokens. Subsequently, #Qubic will sell this XMR to buy and burn QUBIC, creating deflationary pressure and increasing the token's price.
Monero faces this risk due to low mining costs and many miners using simple equipment. Notably, IOTA co-founder Sergey Ivancheglo, who is behind Qubic, has publicly discussed the possibility of increasing Qubic's hashrate to over 51% in August. Although Ivancheglo denies any malicious intent, he has stated that he will stop reporting Qubic's hashrate, causing further concern in the community.
Experts warn that this is not just a story specific to Monero. The issue lies in the economic mechanism of uPoW, which has created strong financial incentives, leading miners to voluntarily provide hashrate in exchange for better profits. This serves as a warning for all PoW networks about the importance of maintaining a balance of interests to ensure decentralization and security.
♾️ Qubic : the ideal platform for decentralized, self-evolving AI
1. Miners: The Beating Heart of Qubic’s Architecture
Miners in Qubic are not just validating transactions — they are the backbone of computation and security.
Thanks to its Useful Proof-of-Work model, Qubic redirects traditional mining power into solving meaningful problems such as data compression and training neural networks.
This means every miner contributes to both network security and the advancement of AI research.
Collectively, the Qubic network ranks among the top 6 supercomputers worldwide, and it’s entirely community-powered.
Every hash mined is energy injected into the network’s neural architecture.
In Qubic, miners aren’t just rewarded for securing the chain — they fuel the rise of decentralized intelligence.
#Qubic #AI #decentralization
1. Miners: The Beating Heart of Qubic’s Architecture
Miners in Qubic are not just validating transactions — they are the backbone of computation and security.
Thanks to its Useful Proof-of-Work model, Qubic redirects traditional mining power into solving meaningful problems such as data compression and training neural networks.
This means every miner contributes to both network security and the advancement of AI research.
Collectively, the Qubic network ranks among the top 6 supercomputers worldwide, and it’s entirely community-powered.
Every hash mined is energy injected into the network’s neural architecture.
In Qubic, miners aren’t just rewarded for securing the chain — they fuel the rise of decentralized intelligence.
#Qubic #AI #decentralization
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In the short term, it will be difficult for the #Solana🚀 ecosystem to see crazy memes like #BOME again. Now it’s time to calm down and look for other quality projects in the Solana ecosystem.
I am grateful for this encounter and witness this bull market and the explosion of high-quality projects together.
We hope that after this bull market, our assets can increase N times. 🙏
#热门话题 #qubic #agc
I am grateful for this encounter and witness this bull market and the explosion of high-quality projects together.
We hope that after this bull market, our assets can increase N times. 🙏
#热门话题 #qubic #agc
#BOME is listed on Binance. 🛫……
Need to calm down, everything is just getting started.
I will continue to hold it and accompany it to witness the birth of the first MEME #Solana🚀 .
#热门话题 #sol #WIF $BOME $SOL
Need to calm down, everything is just getting started.
I will continue to hold it and accompany it to witness the birth of the first MEME #Solana🚀 .
#热门话题 #sol #WIF $BOME $SOL
" $QUBIC is set to undergo a game-changing halving in just 7 weeks, slashing weekly emissions by ~50% from 850B to 425B coins!
qubic.org "
#FeelessCrypto
#Qubic #UPoW #defi #DePIN
BTC ETH bnb
@_Qubic_
@Quorumdidit
@c_f_b_token
@c___f___b
qubic.org "
#FeelessCrypto
#Qubic #UPoW #defi #DePIN
BTC ETH bnb
@_Qubic_
@Quorumdidit
@c_f_b_token
@c___f___b
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Does anyone know the potential of #Qubic ? I've heard it's a great project but I don't see it listed on Binance. Does anyone know if they are going to list it?
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