🚀 Qubic Team Conducts Experiment on PoW Protocol Without Impacting Monero Network
#Qubic #Monero #ProofOfWork #cryptocurrency #networksecurity #51percentattack #blockchain #experiments
According to PANews, the Qubic team recently conducted an experiment to test the Proof of Work (PoW) protocol. The team, led by founder Come-from-Beyond, is among the few capable of performing such experiments due to their unique architecture and expertise. Qubic emphasized that the experiment did not harm the Monero network, reverse transactions, or affect prices. The team believes this experience will enhance the resilience of the Monero network and increase awareness of potential risks in the cryptocurrency sector. The impact is considered temporary and aims to contribute to the overall development of the industry.
Previously, Monero faced a network takeover attempt by the Qubic mining pool, which sparked strong opposition from the community. There were also claims that the Qubic mining pool might have successfully launched a 51% attack on Monero, theoretically allowing them to rewrite transactions.#Qubic #Monero #ProofOfWork #cryptocurrency #networksecurity #51percentattack #blockchain #experiments