SlowMist Cosine: Qubic Mining Pool Uses Economic Incentive Game Theory to Complete 51% Attack Verification on Monero
According to Jinse Finance, SlowMist’s Cosine stated on social media, “The Qubic mining pool used economic incentive game theory to carry out this 51% attack verification on Monero (I believe the intention was not malicious). In a sense, it leveraged $300 million (QUBIC’s market cap) to influence $5 billion (Monero’s market cap).”
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Barcelona Football Club criticized for signing a $22 million sponsorship deal with crypto company ZKP
Swedish payment giant Klarna's first stablecoin, KlarnaUSD, has been launched ahead of schedule
Bitcoin OG opens 5x ETH short position worth $15.04 million
Current mainstream CEX and DEX funding rates indicate the market remains broadly bearish
Trending news
MoreCrypto prices
More
