After attacking Monero, Qubic sets his eyesight on Dogecoin.

Qubic attempted to attack 51% Against last week’s privacy blockchain Monero. Although independent reports have been found, AI protocols continue to pursue, and are looking to permanently change their privacy-centric Monero network.

Now Qubic has established its vision Dogecoin For the next experiment, there are currently no plans for a similar type of attack, but… yet. New targets came through voting Qubic’s Discord Serverbroke two other work proof blockchains for Zcash and Kaspa, and saw Dogecoin defeated it.

qubic is a Proof of work Blockchains that help drive AI models using the computational power of consensus mechanisms Aygals. Due to the attack on Monero, Qubic calls the resource “it” between Monero and Training Aigarth.Proof of useful work“Consensus mechanism”Outsourcing calculation. “Afterwards, Qubic rewards miners for both working with Monero and Qubic’s AI models.

However, by targeting Dogecoin next, Qubic says it doesn’t necessarily launch a 51% attack attempt. It’s from the founder of Qubic Sergei IvanchegroIt is more commonly known Beyond-from-fromhe said it would take.”A few monthsDevelopment in preparation before Qubic begins mining tokens.

Why dogecoin? The Qubic team wanted to test whether its design was efficient for mining ASIC-based coinor the best mined coins with dedicated mining rigs – Whereas Monero is ASIC Resistance. Also, those voting for the discrepancy seemed fully aware that targeting dogcoins would likely attract public attention.

Qubic’s tokens rose nearly 28% to a one-week market capitalization of $363 million after the Monero Attack. Co Ringecko. That said, Qubic is down almost 77% from its all-time high of $577 million set in March this year.

“I want to see if I can create a similar incentive structure for ASIC-based coins. I want to mine it for profit and see what it evolves. It’s still a few months away. Until then, I’ll continue with Monero Mining.” Retro driveI said Decryption.

When Qubic pushes whether it tries to attack 51% against Dogecoin, Retrodrive responds, “That’s my end speculation. It’s premature. The team only knows to implement the feature. Beyond that, nothing is shared.”

Some discrepancies have pushed back the possibility that ASIC will attempt a 51% attack on the coins it is promoting, and expressed confusion as to why the team is sticking to pursuing such a project. Ivancheglo incomprehensible I responded“I’ll get it after Season 2 is over,” the founder later, perhaps jokingly, I said The target is to mine “100%” of the dog coin block.

Monero 51% attack happened?

Qubic said it is trying to “help” Monero by trying to achieve 51% of the network’s hashrate. The group claimed that it was done to protect Monero from future attacks by forcing the network through Qubic’s AI protocol.

A 51% attack occurs when a single miner or group of miners controls the hashrate or computational power of a proving work blockchain network, giving them the ability to manipulate transactions and two coins.

However, independent researcher Shai Wyborski Consigned by Qubic I found it to investigate the incident “Most Possible” Qubic did not achieve 51% control Beyond Monero. That being said, Wyborksi is confident it can get at least 28% of Monero’s hashrate. This estimates that the protocol creates a 6-block depth reorganization with a 0.3% chance.

Retrodrive said Decryption The internal KPI of mining for 50% of that Qubic block was achieved in 100 blocks, but this did not fill the bar to successfully attack 51% of external experts.

“The elephant in the room is, this is what it means for Monero, not the Qubic,” the report states. “The very thorough confusion by the overall niche movement should seriously undermine their capabilities (Monero is more secure and brand Monero).

“(Qubic) may not have been a success this time,” the report continued. “But they clearly showed that it was possible.

In fact, Qubic chose to last. Retro drive I said Decryption A group of miners will continue their pursuit to win 51% of Monero’s hashrate, and will forever change the behavior of the blockchain.

“We’re looking to take over Monero, but as you say, we’re looking to spend double-cost, as you say, ruin the protocol,” Retrodrive said. “But we are trying to change the rule that only miners who mine Monero through Qubic get block rewards. This will attract more CPU miners to our protocol (what we need for AI training) and not increase revenue. But we do not compromise Monero’s privacy.

Retrodrive claimed that Qubic is facing a “very heavy” DDOS attack following the famous attack, but said it could “every time” reach 51% control over Monero’s hashrate. Once done, Qubic explained that he would try to rewrite Monero’s mining reward rules to use AI protocols to reward miners only.

If successful, Monero is technically attacked by a certain 51% of the time from Qubic. However, Retrodrive argued that power remains decentralized among miners. So Monero users have ensured that a complete rewrite of the blockchain is highly unlikely, as it destroys Qubic’s profits and leads to a major backlash against the protocol.