SlowMist Cosine: Qubic Mining Pool Uses Economic Incentive Game Theory to Complete 51% Attack Verification on Monero
According to Jinse Finance, SlowMist’s Cosine stated on social media, “The Qubic mining pool used economic incentive game theory to carry out this 51% attack verification on Monero (I believe the intention was not malicious). In a sense, it leveraged $300 million (QUBIC’s market cap) to influence $5 billion (Monero’s market cap).”
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The preliminary one-year inflation rate expectation in the US for December is 4.1%, lower than expected.
Polish lower house fails to overturn president's veto of crypto asset bill
US prosecutors recommend a 12-year prison sentence for Do Kwon
