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    3. Qubic Community Targets Dogecoin for Next 51% Attack After Monero Takeover

    Qubic Community Targets Dogecoin for Next 51% Attack After Monero Takeover

    By: crypto insight|2025/08/18 08:20:03
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    Imagine a blockchain world where an AI-powered network flexes its muscles, shaking up established players like a new kid on the block challenging the old guards. That’s exactly what’s unfolding with Qubic, the innovative AI-driven project that just pulled off a stunning 51% attack on Monero. Now, as of today, August 18, 2025, its community has voted to set sights on Dogecoin, raising alarms for major proof-of-work chains everywhere.

    Qubic’s Bold Move Signals Rising Threats to Proof-of-Work Blockchains

    The Qubic network, known for its AI focus, made headlines this week by executing a 51% attack on the privacy-centric Monero blockchain. But they’re not stopping there. In a community vote, participants overwhelmingly chose Dogecoin (DOGE) as the next target for a similar assault. Sergey Ivancheglo, Qubic’s founder who uses the online name Come-from-Beyond, put the question to the group: which ASIC-enabled, proof-of-work blockchain should they go after next? Options included Dogecoin, Kaspa (KAS), and Zcash (ZEC).

    Come-from-Beyond shared the results in a Sunday post on X, revealing that Dogecoin, boasting a market cap exceeding $35 billion as of latest figures today, August 18, 2025, garnered over 300 votes—surpassing the combined totals for the others. This decision underscores the growing vulnerabilities for cryptocurrencies that rely on mining for security, much like how a single storm can topple unprepared trees in a forest.

    Drawing from recent online buzz, Google searches for “Qubic 51% attack on Monero” have spiked, with users frequently asking about the implications for other coins like Dogecoin. On Twitter, discussions are heating up around Qubic’s potential to disrupt meme coins, with posts from crypto enthusiasts debating if this is a wake-up call for proof-of-work networks. Latest updates include a fresh tweet from Come-from-Beyond today, August 18, 2025, confirming the vote and hinting at upcoming hashrate strategies, while Dogecoin’s official channels have yet to respond publicly.

    How Qubic Dominated Monero’s Hashrate and What It Means

    Picture this: after a month of intense competition, Qubic’s mining pool seized majority control over Monero’s computing power on Monday. They reorganized six blocks, showcasing their dominance in a battle that pitted them against other Monero miners. As of the most recent data today, August 18, 2025, Qubic’s pool holds about 2.32 gigahashes per second (GH/s), according to updated stats from MiningPoolStats, making it the top player on the Monero network.

    The Qubic team emphasized in their Tuesday statement that Monero’s core features—like privacy, speed, and usability—remain unaffected. Their ultimate aim? To have Qubic miners provide the security backbone for Monero’s protocol. This takeover caught many off guard, prompting actions like Kraken exchange pausing Monero (XMR) deposits temporarily due to risks to network integrity. However, withdrawals and trading continue, with deposits set to resume once safety is assured, per the exchange’s latest announcement.

    This isn’t just a tech skirmish; it’s a narrative of evolution in the crypto space, where AI-driven networks like Qubic are proving they can outmuscle traditional setups. Comparisons to past events, such as the 2018 Bitcoin Gold 51% attack, highlight how Qubic’s approach is more calculated and community-backed, backed by real hashrate data showing their sustained lead.

    In the midst of these developments, traders looking for a reliable platform to navigate volatile markets might find WEEX exchange a strong ally. With its user-friendly interface, robust security features, and commitment to seamless trading experiences, WEEX aligns perfectly with the innovative spirit of projects like Qubic, offering low fees and real-time market insights that empower users to stay ahead in the ever-changing crypto landscape.

    Broader Implications for Crypto Security and Beyond

    Qubic’s actions against Monero, and now the vote to target Dogecoin, paint a picture of escalating risks for proof-of-work cryptocurrencies. It’s like watching a chess master positioning pieces for checkmate—methodical and unstoppable if unchallenged. The Monero community has responded robustly to what some call an “economic attack,” rallying to discuss defenses and potential forks, as evidenced by active forums and Twitter threads trending today, August 18, 2025.

    Related chatter online ties into bigger conversations, such as AI’s power consumption rivaling Bitcoin’s mining needs, as noted in recent analyses. These events remind us how interconnected the crypto ecosystem is, urging networks to innovate or risk being overtaken.

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    FAQ

    What is a 51% attack and how did Qubic pull it off on Monero?

    A 51% attack happens when one entity controls over half of a network’s mining power, allowing them to reorganize blocks and potentially double-spend. Qubic achieved this on Monero by building superior hashrate through their AI-driven mining pool, reorganizing six blocks after a month-long effort, as confirmed by recent mining stats.

    Why is Qubic targeting Dogecoin next, and what could happen?

    The Qubic community voted for Dogecoin due to its popularity and proof-of-work setup, receiving over 300 votes in a poll. If successful, it could disrupt transactions and shake confidence, similar to Monero’s case, though Qubic claims their goal is to enhance security rather than harm.

    How are exchanges responding to these 51% attack threats?

    Exchanges like Kraken have paused deposits for affected coins like Monero to protect users, while keeping trading open. This cautious approach helps maintain network integrity amid hashrate takeovers, with updates shared directly to users for transparency.

    This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.

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    Contents

    Qubic’s Bold Move Signals Rising Threats to Proof-of-Work Blockchains
    How Qubic Dominated Monero’s Hashrate and What It Means
    Broader Implications for Crypto Security and Beyond
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