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TechFlow, August 12 — Qubic has responded on social media to the recent 51% attack incident on Monero, stating, "The Monero (XMR) experiment is progressing as planned, and everything will be revealed in due time."
Earlier, SlowMist's Yu Xian reported that the suspected 51% attack on Monero appears to have succeeded, meaning that the Qubic mining pool could now theoretically rewrite the blockchain, perform double-spending, and censor any transactions.
Earlier reports indicated that SlowMist's Yu Xian stated a suspected 51% attack on Monero has apparently succeeded, and the Qubic mining pool could now theoretically rewrite the blockchain, enabling double spending and transaction censorship.
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