With a market value of 35 billion, Dogecoin was surprisingly chosen as a target for attack? How do we proceed?
Last night I saw a pretty explosive piece of news and wanted to share it with everyone. The AI blockchain project Qubic has surprisingly started 'voting to decide who to attack.' I even checked specifically, and recently they launched a 51% attack on Monero (XMR), seizing most of the hash power and forcibly rewriting the blocks. As a result, Kraken exchange directly suspended XMR deposits due to safety concerns.
Now it’s even more exciting, as these people have now set their sights on Dogecoin (DOGE). After a community vote, Qubic decided that the next target is not Zcash, nor Kaspa, but the DOGE with a market value of 35 billion dollars.
Many may not understand what a 51% attack means; simply put, whoever controls more than half of the hash power can influence the chain, and even has the opportunity to double-spend or interfere with transactions. Previously, people thought that only small coins were prone to issues, but Qubic's actions this time have called into question the security of all PoW altcoins.
There’s a saying in the crypto world: hotspots are the direction of funds. Regardless of whether it's true or false, those holding DOGE should pay more attention. If you see this, brothers, give a free follow and a like. Any updates will also be posted in the square #加密市场回调 .