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Qubic, an AI-driven blockchain protocol, claims to have briefly controlled 51% of Monero’s hash rate in what it calls an ‘experiment.’ While the firm insists this was to help the network, experts remain skeptical due to a lack of independent verification.
- Qubic claims a temporary 51% attack on Monero, calling it a security 'experiment,' but experts demand independent proof.
- Monero's XMR fell 6% amid the news, while Qubic's QUBIC token surged 25%, reflecting market uncertainty.
- Blockchain analysts warn of systemic risks if well-funded actors centralize proof-of-work networks via off-chain incentives.
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