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Qubic Overtakes Monero’s Hash Rate in “51% Takeover Demo,” Showcasing Real-World Power of Useful PoW
This story was originally published on HackerNoon at: https://hackernoon.com/qubic-overtakes-moneros-hash-rate-in-51percent-takeover-demo-showcasing-real-world-power-of-useful-pow.
The approach was "Selfish Mining," a tactic that allows a mining pool with significant hashrate, as low as 33-40%, to gain a disproportionate share of the bloc
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Qubic has reached over 51% hashrate to dominate Monero, the privacy-focused cryptocurrency known for its ASIC-resistant RandomX algorithm. The approach was "Selfish Mining," a tactic that allows a mining pool with significant hashrate, as low as 33-40%, to gain a disproportionate share of the block rewards.
Published on 2 months, 3 weeks ago