Kevin Karhan :verified: (@[email protected])

[OSINT](https://dreadytofatroptsdj6io7l3xptbet6onoyno2yv7jicoxknyazubrad.onion/post/595e208da258e3afd5dc) confirms that #Qubic is *lying* and did not achieve a #51Percent majority in the #Monero network. - Which I was already certain didn't happen! At peak they had 40%, and as of that post only about 30% - Which is still too much but still… #TLDR: Qubic used *"#SelfishMining"* and had a streak of luck! Not to mention said blicks didn't get included in the blockchain anyway, so all it did was *"#LyingWithNumbers"* in some stats that rely on self-reported claims instead of actual evidence. - There's even a [writeup on how they faked their hashrate]( https://www.reddit.com/r/CryptoCurrency/comments/1miiycr/how_qubic_fakes_its_monero_hashrate/)… IOW: Just because one got 51 of 100 blocks at some arbitrary timeframe doesn't mean one *"owns"* 51% of the network hashrate! - It's just short-term luck and is also known as [*"Gambler's Fallacy"*](https://en.wikipedia.org/wiki/Gambler%27s_fallacy)... Already the cost of this operation is estimated to be U$D 150M *per day* and is entirely predicated on #FUD succeeding. - I hope #shitcoin - *"#apes"* get their *brains wrikly* and start hammering these #PumpAndDump - #Scammers back hard... #Sarcasm #Cryptocurrency #Crypto #ITsec #InfoSec #OpSec #ComSec #Propaganda

Infosec.Space

OSINT confirms that #Qubic is lying and did not achieve a #51Percent majority in the #Monero network.

  • Which I was already certain didn't happen!

At peak they had 40%, and as of that post only about 30%

  • Which is still too much but still…

#TLDR: Qubic used "#SelfishMining" and had a streak of luck! Not to mention said blicks didn't get included in the blockchain anyway, so all it did was "#LyingWithNumbers" in some stats that rely on self-reported claims instead of actual evidence.

IOW: Just because one got 51 of 100 blocks at some arbitrary timeframe doesn't mean one "owns" 51% of the network hashrate!

Already the cost of this operation is estimated to be U$D 150M per day to fake sad #51PercentAttack and the success entirely predicated on #FUD.

#Sarcasm #Cryptocurrency #Crypto #ITsec #InfoSec #OpSec #ComSec #Propaganda