Qubic Group Votes For 51% Assault On Dogecoin

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Qubic’s Assault On Monero Was A Proof Of Idea Take a look at DOGE Slides 4% With Dogecoin Blockchain Now Below Risk Associated Articles:

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Qubic Community’s group has voted to focus on the Dogecoin (DOGE) blockchain subsequent, days after the AI-focused challenge staged a takeover of Monero via a 51% assault.

Founder Sergey Ivencheglo requested followers which community needs to be focused subsequent, providing Dogecoin, Kaspa, and ZCash as choices. The ballot outcomes, shared on X, confirmed Dogecoin successful decisively with 301 votes, in comparison with 31 for Kaspa and simply 12 for ZCash.

The #Qubic group has chosen #Dogecoin. pic.twitter.com/EnevIZUAw5
— Come-from-Past (@c___f___b) August 17, 2025

Qubic’s Assault On Monero Was A Proof Of Idea Take a look at

The current vote follows Qubic’s profitable takeover of the privacy-focused Monero blockchain, which the staff introduced the completion of on Aug. 11.

“After a month-long, high-stakes technical confrontation, Qubic reached 51% of Monero’s hashrate dominance, efficiently reorganizing the blockchain,” the challenge wrote in a weblog put up.

The assault on the Monero blockchain was a deliberate experiment by Qubic to show that its system of “Helpful Proof of Work” (UPow) fashions and “Outsourced Computations” can redirect mining energy towards exterior, worthwhile duties, fairly than “losing it on easy hashing.”

Loads of electrical energy is burned for ineffective #PoW, we want that electrical energy for #AI. These phrases could also be laborious to get and I can not reveal extra now, sooner or later they’ll finally click on.
— Come-from-Past (@c___f___b) August 17, 2025

Initially, the challenge’s sources had been cut up between mining Monero and coaching its native AI, AIGarth. With this cut up, the staff says they had been capable of generate a revenue that at instances was thrice greater than a miner would have achieved in the event that they solely mined Monero straight.

Qubic then went on to say that the Monero community’s performance stays intact, including that, “Its privateness, velocity, and value haven’t been compromised.”

The staff additionally stated it has determined to not take over Monero’s consensus “for the second” following inside discussions on whether or not the transfer would negatively impression the value of the blockchain’s native XMR token.

Within the final 24 hours, the value of XMR jumped greater than 3% to commerce at $276.69 as of 6:44 a.m. EST.

“Nonetheless, the tip purpose is for the Monero protocol’s safety to be supplied by Qubic’s miners,” the staff wrote.

If that occurs, it will result in the rewards being “funneled via Qubic’s swimming pools, bringing increased profitability and creating a brand new, increased incentive panorama for Monero miners,” the staff stated within the weblog put up.

Though Monero’s performance continues to be intact, crypto trade Kraken had briefly suspended Monero deposits, citing a “potential danger to community integrity” from the 51% takeover of the community’s computational energy.

A 51% assault is when a gaggle of miners or validators controls greater than half of the full mining energy in a PoW blockchain, giving them the power to override the community’s regular consensus guidelines.

By doing so, the group is ready to double spend cash, censor transactions, in addition to reorganize blocks.

With the Monero assault, Qubic’s mining pool was capable of reorganize six blocks, with the challenge’s mining pool nonetheless commanding a hashrate of two.71 GH/s, knowledge from MiningPoolStats reveals.

DOGE Slides 4% With Dogecoin Blockchain Now Below Risk

The assault on Monero caught the group abruptly, however DOGE buyers are taking the chance to money out forward of a possible 51% assault.

Within the final 24 hours, the most important meme coin by market cap noticed its value plunge greater than 4%, subsequently erasing the crypto’s positive aspects from the previous week.

Somebody requested Ivencheglo if it’s nonetheless too early to attempt to execute a 51% assault on the Dogecoin blockchain, particularly contemplating that the challenge has a significantly increased market cap than Monero.

Presently, Monero’s capitalization stands at round $5.05 billion, whereas DOGE’s market cap exceeds $33 billion, even after the current value decline.

The scale of the duty can be evident by the Dogecoin community’s considerably increased hashrate. In keeping with MiningPoolStats, the most important mining pool on the blockchain is run by Viabtc.com, which boasts 770.37 TH/S.

Total, the Dogecoin community has a hashrate of greater than 2.68PH/s. To place the scale distinction into perspective, one Petahash (PH) is the same as 1 million Gigahashes (GH).

Qubic Group Votes For 51% Assault On Dogecoin

Whole hashrate of Dogecoin community (Supply: MiningPoolStats)

Ivencheglo doesn’t appear too fazed by the distinction in computing energy. “I’m fairly lazy, so I choose taking the steps two at a time,” he replied to the query.