🚨💣 A disaster shakes the crypto world: The famous privacy coin Monero $XMR is now under a successful 51% attack!
🔍 The Monero network, which launched in 2014 and has always been targeted by governments and security agencies, is already banned from most major centralized platforms... and today things have exploded!
⚡️ The Qubic mining pool has acquired the majority of the mining power after months of accumulation, and a significant network reorganization was detected this morning. Currently, they can:
rewrite the blockchain 📜
execute a double spending attack 💵
prevent any transaction from going through 🚫
💰 Cost of the attack? 75 million dollars per day… but the real danger is the destruction of trust in the network overnight!
📉 The result: A network worth 300 million dollars takes over another worth 6 billion dollars… and the options to save Monero are nearly non-existent, and a complete takeover has become very likely!
The question: Is this the end of Monero? 😳