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🚨 Monero’s 51% Attack: Centralization vs Decentralization

Monero is Under Attack.

For the first time ever, a coin has openly declared a 51% attack — and it’s aimed at Monero, the world’s top privacy cryptocurrency.

The attacker? A centralized AI coin called Qubic, with a botnet of miners acting under the control of a single anonymous arbitrator.

This is centralization vs decentralization in real time.
Will Monero survive? Can the attack even succeed?

I break it all down — the motives, the methods, and how you can help.

READ THE ARTICLE NOW
Read on Substack

🫶 @takebackourtech
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🚨 Monero’s 51% Attack: Centralization vs Decentralization

Monero is Under Attack.

For the first time ever, a coin has openly declared a 51% attack — and it’s aimed at Monero, the world’s top privacy cryptocurrency.

The attacker? A centralized AI coin called Qubic, with a botnet of miners acting under the control of a single anonymous arbitrator.

This is centralization vs decentralization in real time.
Will Monero survive? Can the attack even succeed?

I break it all down — the motives, the methods, and how you can help.

READ THE ARTICLE NOW
Read on Substack

🫶 @takebackourtech
📩 WEBSITE & NEWSLETTER | 🎥 VIDEOS| XMPP | SUBSTACK

BY #TBOT: Take Back Our Tech




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Channels are not fully encrypted, end-to-end. All communications on a Telegram channel can be seen by anyone on the channel and are also visible to Telegram. Telegram may be asked by a government to hand over the communications from a channel. Telegram has a history of standing up to Russian government requests for data, but how comfortable you are relying on that history to predict future behavior is up to you. Because Telegram has this data, it may also be stolen by hackers or leaked by an internal employee. WhatsApp, a rival messaging platform, introduced some measures to counter disinformation when Covid-19 was first sweeping the world. Telegram does offer end-to-end encrypted communications through Secret Chats, but this is not the default setting. Standard conversations use the MTProto method, enabling server-client encryption but with them stored on the server for ease-of-access. This makes using Telegram across multiple devices simple, but also means that the regular Telegram chats you’re having with folks are not as secure as you may believe. Despite Telegram's origins, its approach to users' security has privacy advocates worried. For tech stocks, “the main thing is yields,” Essaye said.
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