Qubic dey rearrange Monero Chain, e dey eye Dogecoin next
For August 2025, Qubic launch one “useful proof-of-work” (uPoW) way wey rearrange six Monero (XMR) blocks and make about 60 others become orphan. Dem require miners to solve AI work for USDT reward—then use the USDT take buy and burn QUBIC tokens—Qubic quick quick gather hash power without special hardware. Experts dey argue if na real 51% attack, but the matter make Kraken stop XMR deposits and price drop. After community vote, Qubic founder Sergey Ivancheglo talk say Dogecoin (DOGE) fit be the next target, because e get big market cap and e old Scrypt algorithm. But Dogecoin and Litecoin (LTC) merged mining still scatter the hash power, no active attack yet. The thing show say PoW get gbege: even anti-ASIC algorithm like RandomX fit fail if money incentive join hash power. Traders dey check mid-cap PoW coin security again, dem dey move money go big or proof-of-stake projects. Blockchain teams fit need dynamic difficulty, hybrid consensus or better protection to keep decentralization.
Bearish
Qubic’s uPoW campaign expose one big weakness for PoW security by putting hashpower together to rearrange Monero blocks and dey threat Dogecoin next. The event cause exchange to stop deposit, price drop, and make people dey fear risk for mid-cap PoW coins. Old case like Bitcoin Gold 51% attack also make market sell-off and increase confirm rate. For short time, traders go reduce how much dem dey hold vulnerable PoW tokens, but for long time, the incident fit make people shift to PoS or better PoW defense, keep the coins under pressure to fall.