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So #Monero is being persistently 51% attacked right now by paying miners who merge mine a shitcoin token and reorging all of the blocks produced by the rest of the network. And miners are staying because they are making like 300% what the other miners are making do to the shitcoin. Looks like they’ve had a few 6 block reorgs and it’s still just rolling like this. 🤯😬

Experiments in malicious crypto economics in real time.

https://moneroconsensus.info/?s=09

xiangcai 4mo ago

any comments from Monero users here?

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Discussion

ede3d957... 4mo ago

Consider increasing confirmations to 10 (20 minutes) before accepting a tx as final.

Else? It's a dramatic overrepresentation of a project that will fail in a couple of days. Anybody remembers Zephyr? They were first to try to attack Monero in a similar way because that's what Feds are good for. Attacking solid projects by the people for the people.

Saberhagen The Nameless 4mo ago

The "51% attack!!!" narrative has already went viral. That's not what happened.

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