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Qubic Community Votes to Target Dogecoin After 51% Attack on Monero
VonAInvest
2025.08.18 Montag 01:42 UND2 Min. Lesezeit
DOGE--
Qubic, a mining pool, has successfully executed a 51% attack on Monero's network, reorganizing six blocks. Following this successful maneuver, the Qubic community has voted to target Dogecoin for its next attack, raising significant concerns about the potential security risks for Dogecoin users. A 51% attack could enable Qubic to rewrite blockchain history, halt transactions, or attempt double-spending. No timeline has been shared for the move against Dogecoin.
The Qubic community, an AI-driven blockchain network, initiated a vote to select the next target for their 51% attack, with Dogecoin emerging as the overwhelming choice. The vote, which garnered over 300 votes, surpassed other networks such as Zcash and Kaspa. This decision highlights growing concerns over the security of networks relying on mining power, particularly when a single mining pool can gain control of the network's hashrate.
The Qubic mining pool executed a 51% attack on the Monero network earlier this week, gaining control over more than half of the network's computing power. This attack allowed Qubic to reorganize six blocks on the Monero blockchain, despite a month-long conflict with other miners for control of the network's hash rate. The Qubic team confirmed that while the attack did not compromise the core functionality of the Monero network, the network's security would now rely on Qubic's mining pool. In response to the takeover, major crypto exchange Kraken suspended Monero deposits, citing concerns over the integrity of the network.
The Qubic community's vote to target Dogecoin signals potential risks for the network, which has grown significantly in popularity, especially due to its backing by high-profile figures like Elon Musk. The decision to attack Dogecoin raises alarms about the vulnerability of proof-of-work blockchains, particularly when a single mining pool can gain control of the network's hashrate. If Qubic proceeds with a successful attack on Dogecoin, it could have major consequences on the stability and security of the network.
The Qubic community's vote to target Dogecoin has sparked debate over the vulnerabilities of smaller proof-of-work ecosystems when a single mining pool accumulates excessive dominance. The incident has intensified discussions about the need for enhanced security measures and the potential risks associated with concentrated mining power. While the exact timeline for the Dogecoin attack remains uncertain, the Qubic community's actions have underscored the importance of maintaining robust security protocols in the cryptocurrency space.
References
[1] https://coincentral.com/after-monero-attack-qubic-targets-dogecoin-for-next-51-control/
[2] https://www.cryptotimes.io/2025/08/17/kraken-pauses-monero-deposits-after-51-attack-claims/
[3] https://www.ainvest.com/news/terraform-founder-pleads-guilty-40-billion-crypto-fraud-qubic-claims-50-monero-hashrate-spurring-security-fears-circle-shares-drop-10-million-secondary-share-offer-announced-2508/
[4] https://www.ainvest.com/news/kraken-suspends-monero-deposits-qubic-51-attack-exposes-network-vulnerability-2508/
ZEC--
Qubic, a mining pool, has successfully attacked Monero's network, reorganizing six blocks. Its community has voted to target Dogecoin next, raising concerns about the potential security risks for Dogecoin users. A 51% attack could allow Qubic to rewrite blockchain history, stop transactions, or attempt double-spending. No timeline has been shared for the move against Dogecoin.
Title: Qubic Targets Dogecoin for Next 51% Attack After Monero TakeoverQubic, a mining pool, has successfully executed a 51% attack on Monero's network, reorganizing six blocks. Following this successful maneuver, the Qubic community has voted to target Dogecoin for its next attack, raising significant concerns about the potential security risks for Dogecoin users. A 51% attack could enable Qubic to rewrite blockchain history, halt transactions, or attempt double-spending. No timeline has been shared for the move against Dogecoin.
The Qubic community, an AI-driven blockchain network, initiated a vote to select the next target for their 51% attack, with Dogecoin emerging as the overwhelming choice. The vote, which garnered over 300 votes, surpassed other networks such as Zcash and Kaspa. This decision highlights growing concerns over the security of networks relying on mining power, particularly when a single mining pool can gain control of the network's hashrate.
The Qubic mining pool executed a 51% attack on the Monero network earlier this week, gaining control over more than half of the network's computing power. This attack allowed Qubic to reorganize six blocks on the Monero blockchain, despite a month-long conflict with other miners for control of the network's hash rate. The Qubic team confirmed that while the attack did not compromise the core functionality of the Monero network, the network's security would now rely on Qubic's mining pool. In response to the takeover, major crypto exchange Kraken suspended Monero deposits, citing concerns over the integrity of the network.
The Qubic community's vote to target Dogecoin signals potential risks for the network, which has grown significantly in popularity, especially due to its backing by high-profile figures like Elon Musk. The decision to attack Dogecoin raises alarms about the vulnerability of proof-of-work blockchains, particularly when a single mining pool can gain control of the network's hashrate. If Qubic proceeds with a successful attack on Dogecoin, it could have major consequences on the stability and security of the network.
The Qubic community's vote to target Dogecoin has sparked debate over the vulnerabilities of smaller proof-of-work ecosystems when a single mining pool accumulates excessive dominance. The incident has intensified discussions about the need for enhanced security measures and the potential risks associated with concentrated mining power. While the exact timeline for the Dogecoin attack remains uncertain, the Qubic community's actions have underscored the importance of maintaining robust security protocols in the cryptocurrency space.
References
[1] https://coincentral.com/after-monero-attack-qubic-targets-dogecoin-for-next-51-control/
[2] https://www.cryptotimes.io/2025/08/17/kraken-pauses-monero-deposits-after-51-attack-claims/
[3] https://www.ainvest.com/news/terraform-founder-pleads-guilty-40-billion-crypto-fraud-qubic-claims-50-monero-hashrate-spurring-security-fears-circle-shares-drop-10-million-secondary-share-offer-announced-2508/
[4] https://www.ainvest.com/news/kraken-suspends-monero-deposits-qubic-51-attack-exposes-network-vulnerability-2508/

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