Qubic to Target Dogecoin After Monero 51% Attack Raises Decentralization Concerns

Qubic, an AI-focused blockchain project known for its recent attack on the privacy coin Monero, is now targeting Dogecoin as its next objective. This decision comes after the successful 51% attack on Monero exposed the vulnerabilities of proof-of-work networks to concentrated hashrate attacks. The move raises concerns about decentralization and the security of large-scale blockchain ecosystems. Experts are analyzing how this shift in power dynamics could impact both the crypto space and broader financial systems.