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In: Blockchain, Monero, Qubic

The Layer-1 blockchain Qubic claims it successfully executed a 51% attack on Monero’s network, which resulted in a six-block reorganisation and replaced 60 previously confirmed blocks. Qubic’s attack was a “high-stakes technical confrontation” that involved incentivising Monero CPU mining through its own network to gain control of the majority hashrate.Continue Reading