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Something borrowed, something blue, something different, something new.
Now I have to read the terms of service and privacy statements...which nobody ever does, because if they did, they'd likely rather starve to death alone, in a field of grass, that no government or corporate entity has discovered yet in the 'land of the free, and home of the brave'. *cough*
For the first time ever, a coin has openly announced its intention to 51% attack none other than Monero, the world’s most popular privacy coin.
The attacking project “Qubic” is now devoting all of its computing power to attempt to takeover Monero, by ordering its miners to mine Monero, effectively acting as a botnet.
As you know, if miners reach 51% of a cryptocurrency’s hashrate (mining power over time) they can take over the coin. Qubic’s founder has openly stated their goal is to take over Monero’s block rewards, and force out other miners on the Monero network by excluding them from mining rewards.
Qubic’s community are quick to point out screenshots of high hashrates which imply that Qubic is mining upwards of 30% of Monero’s total hashrate.
Still, the open intention to take over another coin shouldn’t be ignored. If you care about privacy, consider learning how to mine Monero. The way to defend against this is, for more independent miners to mine Monero.
https://dailynewsfromaolf.subs....tack.com/p/moneros-5