{"id":57894,"date":"2025-08-18T12:56:32","date_gmt":"2025-08-18T12:56:32","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/monero-faces-questions-after-qubic-gains-temporary-network-control\/"},"modified":"2025-08-18T12:56:32","modified_gmt":"2025-08-18T12:56:32","slug":"monero-faces-questions-after-qubic-gains-temporary-network-control","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/monero-faces-questions-after-qubic-gains-temporary-network-control\/","title":{"rendered":"Monero Faces Questions After Qubic Gains Temporary Network Control"},"content":{"rendered":"<p><b>(Originally posted on : Crypto News &#8211; iGaming.org )<\/b><br \/>\n<\/p>\n<div>\n<p>Monero has long been recognized as one of the leading privacy-focused cryptocurrencies. But on August 11, the network faced an unusual event when Qubic, a newer blockchain project, briefly claimed more than 51 percent of Monero\u2019s total mining power. The incident has left many wondering whether it was a true attack or simply an expensive demonstration.<\/p>\n<hr\/>\n<p><em><strong>Good to know<\/strong><\/em><\/p>\n<ul>\n<li><em><strong>A 51 percent attack means a single group controls enough mining power to alter blockchain activity.<\/strong><\/em><\/li>\n<li><em><strong>Monero is valued at over $6 billion, while Qubic\u2019s market cap sits closer to $300 million.<\/strong><\/em><\/li>\n<li><em><strong>The event was tied to Qubic\u2019s \u201cUseful Proof of Work,\u201d which differs from traditional mining.<\/strong><\/em><\/li>\n<\/ul>\n<hr\/>\n<h2>How Qubic Pulled It Off<\/h2>\n<p>Qubic promotes itself as a network that doesn\u2019t waste energy on simple mining. Instead, it directs computing power toward tasks like artificial intelligence. Its model, called Useful Proof of Work, aims to run decentralized AI systems while handling millions of transactions per second.<\/p>\n<p>For the Monero network, Qubic redirected huge amounts of its mining resources, attracting miners away from standard pools. At one point, Qubic\u2019s developers claimed they held control of more than half of Monero\u2019s hash rate. With that much power, they were able to reorganize six blocks, meaning previously confirmed transactions were overwritten.<\/p>\n<h2>A Digital Tug-of-War<\/h2>\n<p>Reaching that point was not simple. Qubic\u2019s attempt to capture a majority faced resistance. As it tried to gain ground, the project was hit with a week-long DDoS attack that knocked some connected services offline. Still, its mining pool kept going.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\"> <strong>5BTC or 111% + 111 Free Spins!<\/strong> <\/p>\n<p>New players only. Exclusive 111% Welcome Bonus + 111 Free Spins<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>On August 11, Qubic switched to a strategy known as Selfish Mining. In this method, blocks are mined secretly and released later, creating a wave of orphan blocks in Monero\u2019s chain. The tactic worked. Out of 122 blocks mined during that period, 63 were won by Qubic \u2014 comfortably above the 51 percent threshold.<\/p>\n<p>Despite proving it could dominate, the team stopped short of taking full control. According to Qubic, doing so could have harmed Monero\u2019s price. Independent specialists are now reviewing the numbers to confirm the extent of the takeover.<\/p>\n<h2>What It Means for Monero Users<\/h2>\n<p>For the average Monero holder, transactions continue as usual. The privacy features and speed remain intact. But the event showed that even a large network is vulnerable if miners shift to follow higher rewards elsewhere.<\/p>\n<p>Qubic insists it wasn\u2019t trying to damage Monero. Instead, it framed the episode as proof that its model works. The team argues that if Monero\u2019s security eventually relies on Qubic miners, the ecosystem could create new revenue streams without undermining user privacy.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\"> <strong>5BTC or 111% + 111 Free Spins!<\/strong> <\/p>\n<p>New players only. Exclusive 111% Welcome Bonus + 111 Free Spins<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<h2>Different Views on the Event<\/h2>\n<p>Some in the crypto community question whether this was truly a successful 51 percent attack. A few developers argue Qubic may have just been unusually lucky in mining blocks. Others acknowledge that the strategy likely worked, but note the financial gain was limited compared to the costs.<\/p>\n<p>Even so, the moment felt like a David-versus-Goliath story. A project with a fraction of Monero\u2019s valuation managed to briefly dominate a network worth billions.<\/p>\n<h2>Lessons Going Forward<\/h2>\n<p>From Qubic\u2019s perspective, three lessons came out of the experiment:<\/p>\n<ol>\n<li>Computing power can be used for more than just blockchain verification.<\/li>\n<li>Miners will always move where the rewards are strongest.<\/li>\n<li>Decentralized systems can absorb even heavy attacks without fully collapsing.<\/li>\n<\/ol>\n<p>Monero still functions as the go-to privacy coin, but the debate sparked by Qubic has raised a new question: how safe is a network when smaller projects with enough incentives can temporarily tip the balance?<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/igaming.org\/crypto\/how-qubic-shook-the-monero-network-with-a-51-percent-move\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Crypto News &#8211; iGaming.org ) Monero has long been recognized as one of the leading privacy-focused cryptocurrencies. But on August 11, the network faced an unusual event when Qubic, a newer blockchain project, briefly claimed more than 51 percent of Monero\u2019s total mining power. The incident has left many wondering whether [&hellip;]<\/p>\n","protected":false},"author":34,"featured_media":57895,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/57894"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=57894"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/57894\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/57895"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=57894"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=57894"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=57894"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}