Monero ‘Economic Attack’ Saw Strong Community Response

The privacy-foconing mongo is facing what seems to be an attempt to render the top minole’s network, prompt the community room and concern of Hashrate.

As per Monday, Qubic fell off the top place on the monero (Xmr) Ranking of pools menacing to seventh, according to by miningpofontets. After the community noticed the pool to be a lot of a network ray, the Hashrate of the pool in front of squarely as their current place.

In a june blog post officeQubic revealed that had Begunt Incentivisive Moneras Menare Menar via its own network. The XMR Mined would you be used for processing funds and burns of token for the queer ecosystem. “Qubic Miners now make royal examples (Minder Minder) that they generate the real market value, which if reinforces the queen economy,” the post stated.

Sergey Ivanheglo, average Qubic picking, ntt and iota, open open his network of that scared of the Monero Network. In a recent x post officeExplained that after having the most of the network Hashrate, Qubic refuses the blocks mined by other pools.

This would lead to xmr mining becoming only profit, or even effective, on the qubic pool. Always, given the pool of the pool, the danger seems to fall.

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Copy operation stage

In a monday x post officeIvancheglo said that from the hollows, the Qualic pool will report its Hashrate – a previously implemented after the pool has taken the cheapest of the majority of the Hashrate. This would make much more difficulty as of the Monero’s Hashratu is controlled by QUBIC and evaluate the danger posed to the network.

In his post, Ivanheglo claimed to find an attack contraming that is the orchestra. Exploded that it is important for the cryptocrendi industry “because one day we can face unnecessary attack.”

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The monero community has not appreciated the move

Ivancheglo said in a separate x post office May the comments discuss its own staff in Bielorus circulated on Monero subheadings. “I hope Heady head will not be collected in $ XMR to avoid creating incentive to quit their price to 0”, he said. One comment Make it seems to be a threat finally vegetate to ivancheglo:

“We have friends in Belarus?”

Monero is a named anoncoin, known for their privacy-first set fixage and a strong focus in anonymity. More than the years, became particularly popular as the currency was to pay for the illegal goods and services on the deep website, esserved accepted exclusively from nearly half of black markets.

Dan Dadybayo, an analyst to the unskillable wallet, Explained The one with 51% of the hashrate, quech could be blocks orphans, reject the transactions, delay, suppressing the competition and protocol force. Reported that IvancleGlo has already SUGGESTED Let’s get 2 years old, MONERA users have to anticipate orphaned blocks and accept only transactions after 13 confirms.

Dadybayayo added that, while the quobness required do not intend to hurt monero, “intention don’t matter.” Is explained that the centralization equals the risk of risk, and the censorship of the net, concluding that the incentives are a new attack vector:

“This is no longer to exploit. It’s about the capital”, he said.

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