🧨 Qubic initiates a 51% attack on Monero: what's happening?
The blockchain project Qubic announced its intention to organize a 51% attack on Monero (XMR) to 'shed light' on the network's vulnerabilities.
They have already launched a pool and are attracting miners with the aim of gaining control over the majority of the network's hash rate.
• Qubic calls the action an 'ethical experiment' and promised not to introduce malicious transactions.
• The Monero community took the challenge seriously, and protective measures are being discussed.
—
It is interesting to follow such developments, especially considering that Monero is one of the largest anonymous projects.