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Qubic’s mining group has shifted its focus to Dogecoin after briefly gaining majority control of Monero’s network. The move, described as a ‘stress test,’ has sparked debate and market reactions. Exchanges like Kraken paused Monero deposits amid concerns over network security.
- Qubic's Monero pool allegedly reached 51% hashrate, enabling block reorganization, before targeting Dogecoin via a community vote.
- Exchanges like Kraken paused Monero deposits due to security concerns, underscoring the market impact of such 'stress tests.'
- Dogecoin's higher market cap and merged-mining with Litecoin make a 51% attack more costly but not impossible.
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