news 
The crypto community is bracing itself for another potential attack after the Qubic community voted to target Dogecoin (DOGE) for its next 51% control attempt. This decision comes hot on the heels of their successful takeover of the Monero (XMR) network.
According to reports, the Qubic community overwhelmingly chose Dogecoin as its next target, with over 300 votes in favor of the cryptocurrency, far surpassing other blockchains such as Zcash and KASPA. The move has sparked concerns about the security of proof-of-work blockchains, particularly those reliant on a single mining pool to maintain control.
The Qubic team’s successful attack on Monero has raised alarm bells within the crypto space. As a result, major exchange Kraken suspended Monero deposits due to security risks, stating that it would resume once the situation is deemed secure.
Dogecoin’s massive market cap of over $35 billion makes it an attractive target for Qubic. The cryptocurrency has gained significant popularity in recent times, largely due to its backing by high-profile figures like Elon Musk. If successful, a 51% attack on Dogecoin could have far-reaching consequences for the network’s stability and security.
The crypto community is anxiously awaiting the outcome of this next attempt at 51% control.
Source: coincentral.com
