{"id":25648,"date":"2025-07-29T12:42:40","date_gmt":"2025-07-29T09:42:40","guid":{"rendered":"https:\/\/forklog.com\/en\/qubics-controversial-51-attack-plan-on-monero-sparks-debate\/"},"modified":"2025-07-29T12:42:40","modified_gmt":"2025-07-29T09:42:40","slug":"qubics-controversial-51-attack-plan-on-monero-sparks-debate","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/qubics-controversial-51-attack-plan-on-monero-sparks-debate\/","title":{"rendered":"Qubic’s Controversial 51% Attack Plan on Monero Sparks Debate"},"content":{"rendered":"

The Qubic platform, led by IOTA co-founder Sergey Ivancheglo, announced<\/a> plans to capture 51% of Monero’s hash rate from August 2 to 31. The community criticized the initiative.<\/p>\n

Qubic operates on the useful Proof-of-Work (uPoW) algorithm\u2014converting mined XMR into USDT to buy back and burn its QUBIC tokens, creating a deflationary model.<\/p>\n

In May, the platform became the largest pool in the Monero network, with its hash rate share rising from 2% to 27%. According to MiningPoolStats<\/a>, Qubic has since dropped to fourth place.<\/p>\n

\"\u0411\u043b\u043e\u043a\u0447\u0435\u0439\u043d-\u043f\u0440\u043e\u0435\u043a\u0442
Top 5 mining pools in the Monero network. Source: MiningPoolStats<\/a>.<\/figcaption><\/figure>\n

Ivancheglo described Qubic’s plan as an “economic experiment.” He stated that the project has no malicious intent. The main goal is to demonstrate the vulnerability of PoW networks.<\/p>\n

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I, like the #Monero<\/a> community, am trying to find a countermeasure to #Qubic<\/a>‘s 51% domination. This is very important to the #cryptocurrency<\/a> industry because one day we all may face a non-benevolent attack. To spread awareness, first among $XMR<\/a> holders and then among all the\u2026<\/p>\n

\u2014 Come-from-Beyond (@c___f___b) July 28, 2025<\/a><\/p><\/blockquote>\n