Qubic Community Targets Dogecoin After Monero Attack, What’s Next?

Jakarta, Pintu News – Recently, the community behind the Qubic blockchain project, which integrates artificial intelligence with cryptocurrency, has decided to target Dogecoin (DOGE) after successfully taking control of the Monero (XMR) network.

This decision was made through a vote initiated by Qubic founder Sergey Ivancheglo, known as “Come-from-Beyond” among crypto enthusiasts.

Check out the full information in this article!

Monero Assault: The Beginning of Qubic Dominance

Earlier this week, Qubic announced that its mining pools had successfully taken over the majority of the Monero network hashrate.

According to Crypto Times, after a month-long competition with other miners, Qubic managed to reorganize six blocks, signifying their dominance over Monero’s computational power. This was a surprising achievement for many in the crypto industry.

Data from MiningPoolStats shows that the Qubic mining pool is currently operating at a rate of approximately 2.32 gigahashes per second.

Despite concerns about network security, Qubic emphasized that Monero’s core features, such as privacy protection, speed, and ease of use, are maintained.

However, their claim that Monero’s security will be fully provided by Qubic miners has caused anxiety among users and observers.

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Market Reaction: Effect of Attack on Monero

In response to the attack, US-based crypto exchange Kraken decided to temporarily stop Monero deposits. They cited potential risks to network stability. Although withdrawals and trading remain active, Kraken promises that deposits will resume once the network is deemed secure again.

This incident raised concerns among Monero investors and users, given that Monero is one of the most established privacy coins. Qubic’s success in gaining control of the network raises serious questions about the security of other proof-of-work-based blockchains, which may also be vulnerable to similar attacks.

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Next Target: What Will Happen to Dogecoin?

After its success with Monero, Qubic wasted no time in targeting the next blockchain.

Dogecoin, which started out as a lighthearted internet meme, is now worth over $35 billion and is one of the most recognizable names in crypto.

The selection of Dogecoin as the next target has sparked new debates and concerns about the future of proof-of-work based cryptocurrency security.

With over 300 votes, Dogecoin was comfortably elected in a vote held by Qubic, leaving Zcash and Kaspa far behind. This shows that the Qubic community is serious in their efforts to test and possibly master other blockchains that use proof-of-work mechanisms.

Conclusion

The cases of Qubic and Monero, as well as the planned attack on Dogecoin, highlight the vulnerabilities that may exist in the design of proof-of-work blockchains. These events will likely spark further discussion on the need for innovation in blockchain security technology to avoid domination by a single entity and maintain trust in the crypto ecosystem.

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Reference

• Crypto Times. Qubic Community Votes to Target Dogecoin After Monero Attack. Accessed on August 19, 2025
• Featured Image: Generated by AI