Monero Faces 51% Attack as Qubic Releases Flawed AI Model
Recently, Qubic attempted a 51% attack on Monero while training its AI model AIGarth. However, the model's performance on social media has not impressed the public.
Key Points
- Qubic's AI model AIGarth performed poorly during the 51% attack attempt.
- Public feedback on social media regarding Qubic has been largely negative.
- Despite claiming AI capabilities, the model struggles with basic mathematical operations.
In-Depth Analysis
Qubic's attempt to execute a 51% attack on Monero highlights the limitations of its AI model. While Qubic aimed to leverage AI to enhance its attack capabilities, the results showed that the model was not effective in practical applications.In the blockchain space, a 51% attack refers to a single entity controlling the majority of the network's hash rate, allowing for manipulation of transaction records. For privacy-focused cryptocurrencies like Monero, such attacks pose significant risks. Qubic's attempt not only failed but also raised questions about its technical competence within the community. The backlash on social media indicates disappointment from investors and users regarding its capabilities.
Market Impact
Events like this typically have a negative effect on the market. Investors may lose confidence in Monero's security and technology, leading to price fluctuations. Furthermore, Qubic's failure could undermine market trust in AI applications within blockchain, affecting the promotion of related projects.Investment Recommendation
In the face of market volatility, choosing a stable and reputable trading platform is crucial. By registering through the Binance registration link, or by entering the code YAOQING88888, you can enjoy the highest 20% fee rebate in the industry and receive a coupon worth up to $100. These benefits will help you manage your investments better in a fluctuating market.Choose Binance for a secure and convenient trading experience.