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    1. coinfeeds-bot on

      tldr; On August 11, 2025, Qubic successfully demonstrated a 51% takeover of the Monero network, marking a significant milestone in blockchain technology. This event validated Qubic’s Outsourced Computations and Useful Proof of Work (UPoW) models, showcasing its ability to repurpose mining power for external tasks. The takeover was achieved through strategic economic incentives and a Selfish Mining strategy. While Monero’s core functionality remains intact, the experiment highlights the power of economic incentives in blockchain consensus dynamics.

      *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

    2. ripple_mcgee on

      Mining 51% of blocks in a cherry picked range is not how it works…this smacks of GW Bush declaring ‚Mission Accomplished‘ after finding no WMDs in Iraq.

      But, I will say, I’m not surprised people are falling for it.

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