Sawyer Ellsworth (sawyerthere)

Sawyer Ellsworth

Part time geek, full time dummy

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Monero had a 51% attack happen by qubic... But Who the fuck is Qubic?. It’s a Layer 1 chain that pointed its mining power at Monero and pulled off a 51 percent attack. And what the fuck is a 51 percent attack. It’s when you control more than half the hashrate so you can rewrite history double spend and censor transactions. You can’t steal other people’s coins but you can bend the chain to your will. And yeah Qubic actually did this to Monero, one of the biggest privacy coins out there. Which is a BIG deal given the most PRIVACY centered coin can be essentially controlled #XMR #Monero #cybersecurity

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Hey name sawyer and ill be making sure to keep you guys updated with cyber security related news about your favorite crypto coins (while also shitposting in the process), first news report... MONERO

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