On the 20th (local time), the Monero community announced that "the introduction of the regionalization of mining hardware and the merged mining algorithm will lead to the creation of Bitcoin (BTC)
Proposals to allow mining of XMR alongside other major cryptocurrencies, and how to apply Dash's ChainLocks solution.
Chainlocks reported that "randomly selected masternodes" will reach consensus on the first valid block propagated on the network and lock the ledger,
After this, only blocks verified by Chainlocks will be connected. This works in addition to the existing PoW consensus mechanism.
Joel Barentzeura, a core member of Dash's DAO (Decentralized Autonomous Organization),
Valenzuela explained in an interview with Cointelegraph that "Chainlocks can prevent 51% attacks and block reorganizations," adding that "even if more proof-of-work hacks occur,
Even if a selfish or malicious miner holding the tokens proposes a block, the chain verified by Chainlocks will take precedence,” he said.
The attack is an interesting experiment in exposing the vulnerabilities, especially the economic weaknesses, of the mining-based security model. Any chain without ASICs is potentially at risk, and ASICs
"Chains that use blockchain technology may also be vulnerable to attacks if they are unable to ensure their economic stability," he warned. Cubic is an AI-based blockchain and mining pool that launched in August.
announced that it had secured 51% of the hashing power in the Monero network, raising concerns about the spread of attacks on other proof-of-work-based blockchains.
Meanwhile, on the 17th, the Cubic community held a vote to decide Dogecoin as the next mining target, receiving over 300 votes.
It secured more support than all other options combined, although Cubic Network founder Sergey Ivanchegro
Ivancheglo said that mining DoZICO will require a development process of several months, and that he is currently focused on mining XMR.
2025/08/21 12:35 KST
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