The Qubic project has pushed Monero's computing power share to 27%, causing community concerns
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最新报道：According to the news from Bijie.com, on July 29 (UTC+8), Qubic, a blockchain project led by IOTA co-founder Sergey Ivancheglo, has massively incentivized Monero CPU mining through the "useful proof of work" mechanism. Since mid-May, the project's share of the computing power of the Monero network has risen from less than 2% to 27%, triggering widespread concerns in the community about decentralization and security. Ivancheglo called this move an "economic demonstration" to showcase Qubic technology. Although he denied any malicious intent, he admitted that it could disrupt the operation of the Monero network. He said that Qubic will stop disclosing its computing power share from August 2, aiming to increase awareness of the risks of 51% control.
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