13.08.2025 02:26
An AI protocol, Qubic, recently claimed to have temporarily controlled over 51% of Monero's hash rate, a feat described as an experiment aimed at bolstering the privacy-focused blockchain's security. This announcement, disseminated via X (formerly Twitter), sparked immediate debate within the cryptocurrency community. Qubic asserted that this demonstration of power, achieved through their mining pool, showcased their ability to potentially manipulate transaction data – a capability inherent in a 51% attack. However, the lack of independent verification left many skeptical of their claim.
The purported success of Qubic's experiment hinges on the concept of a 51% attack, a scenario where a single entity dominates a proof-of-work blockchain's computational power. This control allows for potentially malicious actions, including transaction manipulation and double-spending – risks present in prominent networks like Bitcoin and Dogecoin, in addition to Monero. Qubic's statement highlighted their choice to refrain from exploiting this control, positioning their actions as a proactive security measure rather than a hostile takeover. The implications of this event for the future of proof-of-work blockchains remain a topic of ongoing discussion.
Despite Qubic's narrative, skepticism persists due to the absence of independent confirmation of their claim. Experts are questioning the validity and transparency of the reported experiment, emphasizing the need for robust evidence before accepting the assertion of a successful 51% attack. The incident rekindles concerns about the inherent vulnerabilities within proof-of-work systems, where a sufficiently powerful actor could theoretically seize control and manipulate the network for personal gain, potentially at the expense of its users. The long-term impact of this alleged event and its implications for the security of Monero and other similar blockchains are yet to be fully understood. Further investigation and independent verification are crucial to evaluating the true nature and impact of Qubic’s actions.
