💥#Monero challenges the attacks: $XMR unstoppable against attempts at centralization

Despite an attempt by Qubic, a pool linked to Iota co-founder Sergey Ivancheglo, to centralize its network, Monero maintains outstanding performance. Ivancheglo sought to control the mining of XMR to dictate decisions, but the Monero community responded quickly, decentralizing the hash power and relegating Qubic to seventh place among the pools.

This attack has not slowed down XMR, which has seen over 90% growth in the last year and remains in the green even in the last 24 hours. Although the threat persists, with Qubic now hiding its hash power, the strong demand for Monero, driven by interest in privacy coins, demonstrates the resilience of this cryptocurrency and the strength of its community.