Qubic Seizes Majority of Monero’s Hashrate—51% Attack Looms?

Qubic just flipped the script—grabbing over 50% of Monero's hashrate in a power play that's rattling privacy coin maximalists. The move sparks fears of a dreaded 51% attack, where a single entity could theoretically rewrite transactions. Monero's decentralized ethos now faces its toughest stress test.

How'd we get here? Mining centralization strikes again. Qubic's alleged hashrate dominance exposes the fragility of PoW networks when hashpower consolidates—ironic for a coin built on anti-surveillance ideals. Meanwhile, Bitcoin maxis are smugly sipping coffee, muttering 'told you so' about ASIC resistance.

The fallout? XMR prices wobbled like a DeFi stablecoin during a Fed meeting. If Qubic's control holds, Monero might need an emergency hard fork—another 'decentralized' project forced to intervene. Stay tuned: the next blocks could decide whether this is a hostile takeover or just FUD-season drama.