The community behind Qubic, a blockchain project that combines artificial intelligence (AI) with cryptocurrency, has chosen Dogecoin as its next target after claiming majority control of the Monero network earlier this week.
The vote was initiated by Qubic’s founder, Sergey Ivancheglo, better known in crypto circles as “Come-from-Beyond.” He asked users to decide which proof-of-work blockchain should face the network’s next 51% attack.
The options were Dogecoin, Zcash, and Kaspa. Dogecoin won the vote comfortably, collecting more than 300 ballots and leaving Zcash and Kaspa far behind.
Its selection matters because of the coin’s scale. Once a lighthearted internet meme, Dogecoin is now valued at more than $35 billion and has become one of the most familiar names in crypto.
Now it finds itself in the crosshairs of a community that only days ago demonstrated its ability to overpower Monero, one of the most established privacy coins.
Qubic’s attack on Monero was confirmed on Monday, when the project announced its mining pool had seized control of the majority of the network’s hashrate. After a month-long contest with other miners, Qubic succeeded in reorganizing six blocks, effectively asserting dominance over Monero’s computing power.
Data from MiningPoolStats shows the pool is currently running at roughly 2.32 gigahashes per second.
Following the takeover, Qubic maintained that Monero’s core features, its privacy protections, speed, and usability, remained intact. At the same time, the group stated that its long-term goal is for Monero’s security to be fully provided by Qubic miners, a claim that unsettled many in the crypto space.
The response was swift. U.S.-based exchange Kraken temporarily halted Monero deposits, citing potential risks to network stability. Withdrawals and trading remained active, and the company reassured customers that deposits would resume once the network was considered safe again.
With Dogecoin now selected as Qubic’s next target, the development has set off debate about the future security of proof-of-work cryptocurrencies. If Qubic can challenge Monero and move against Dogecoin, it raises fresh questions about whether other mining-based blockchains are as secure as once believed.
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