Qubic Community Votes to Target Dogecoin Next After Monero Attack
The Qubic network, which recently pulled off a 51% attack on Monero, has its sights set on another big target: Dogecoin. Over the weekend, the project’s founder, Sergey Ivancheglo (better known online as Come-from-Beyond), put it to a vote—asking the community which proof-of-work blockchain should be next. The options included Dogecoin (DOGE), Kaspa (KAS), and Zcash (ZEC).
And DOGE won by a landslide. With over 300 votes, it nearly doubled the combined total of the other two. That’s no small thing, considering Dogecoin’s market cap sits above $35 billion.
Why This Matters
Qubic’s attack on Monero caught a lot of people off guard. For those who don’t follow crypto closely, a 51% attack means one entity gains control of more than half the network’s mining power. That kind of dominance lets them mess with transactions—reversing them or even double-spending coins.
Monero, a privacy-focused chain, was supposed to be resistant to this kind of thing. But Qubic’s mining pool managed to grab about 2.32 gigahashes per second (GH/s), giving it the upper hand. They even forced a reorganization of six blocks after weeks of battling other miners.
The Qubic team insists Monero’s core features—privacy, speed, usability—are still intact. But they’ve also made it clear they want their miners to *be* Monero’s security. That’s… not exactly reassuring.
Exchanges Are Nervous
Kraken, one of the bigger exchanges out there, paused Monero deposits shortly after the attack. They cited “potential risk to network integrity,” which is a polite way of saying they don’t trust the situation. Withdrawals and trading are still open, though, and deposits should return once things stabilize. Maybe.
Now, with Dogecoin in the crosshairs, people are wondering how vulnerable other chains might be. DOGE runs on proof-of-work, just like Monero, but it’s got a much bigger footprint. If Qubic pulls this off, it could shake confidence in mining-based cryptocurrencies altogether.
What Happens Next?
There’s no timeline yet for when—or even if—Qubic will actually go after Dogecoin. But the vote alone sends a message. The fact that a community would willingly choose to target a major blockchain like this is… unusual, to say the least.
Some might argue it’s just part of the game in crypto. Others will see it as a warning. Either way, it’s worth keeping an eye on. Because if Qubic succeeds again, the fallout could be messy.
