51% Attack Threat Looms Over Monero

A potential 51% attack on Monero has been identified by Foresight News, according to SlowMist founder Yu Jian. This attack could allow the Qubic mining pool to manipulate the blockchain, enabling double-spending and transaction censorship. While the attack’s financial impact is substantial, its economic benefits for the attackers remain unclear. Platforms operating in the Monero space are encouraged to stay informed and maintain vigilance against potential security threats.