Slow Fog Cosine: Qubic leveraged only $300 million to unlock a $5 billion market capitalization for Monero.

According to Mars Finance news, Slow Mist's Yu Xin stated on social media, "The Qubic Mining Pool completed this verification of the 51% attack on Monero using economic incentive game theory (I believe the intention was not malicious), leveraging $300 million (the market capitalization of $QUBIC) to impact $5 billion (the market capitalization of Monero)."

QUBIC-1.02%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)