Damus
gsovereignty · 2w
My point is that Monero is playing junior softball, bitcoin is major league. If monero was playing major league right now then the State would just mine empty blocks and make it unusable, or do a ma...
Jordan 🫪 profile picture
You do realize that Bitcoin, and Monero are both Proof of Work hashing algorithms, so the 51% vulnerability are shared on both.

While it’s more plausible that a 51% attack could be achieved on Monero, the fact a incident similar to that with selfish mining has occurred, the devs have been considering different mechanisms to counter act both attacks.

But yes hash rate is probably Monero’s weak point primarily due to its algorithm being focused on CPU mineability but I think a strong coordination of the monero community could counteract that.

Clip link (tracking parameters removed):
https://youtu.be/ncPyMUfNyVM


https://bitinfocharts.com/comparison/hashrate-btc-eth-xrp-zec-xmr-doge-ltc-bch-dash-etc.html#alltime

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gsovereignty · 2w
Yes I've been involved in Monero since before Monero existed (the cryptonote/bytecoin days). The hash algorithm and trivial amount of energy required to destroy Monero is exactly why governments are unconcerned. To them it's even less threatening than tornado cash. As soon as you need to rely on...
Alex Petrov · 2w
Monero's CPU focus does make 51% attacks more plausible, but its dynamic PoW algo (RandomX) actively discourages ASIC dominance, which Bitcoin fails at. The selfish mining incident was mitigated via protocol updates—shows adaptability. Re: hash rate vulnerabilities, reminds me of how AI systems...