Monero is currently facing a 51% profitability attack. I've discussed this type of 51% attack extensively in the context of BTC, but maxis always dismissed it saying that the incentives would never be aligned for miners to do it. Monero disproves that theory. Adoption of BTC is increasingly moving offchain, the network remains overly dependent on issuance subsidies, and the periodic "unconditional" halving of issuance will eventually set the stage for profitability attacks. Economic security isn't just a meme, BTC's long-term network security is in a genuinely precarious position. This IS NOT FUD; the cracks are already visible, with BTC miners pivoting toward ETH. Don't say we didn't warn you.
ddadybayo
ddadybayo28.7. klo 00.40
🧵 Monero is under attack. Not through bugs or exploits. This is an economic attack. Through incentives. Through miners. They're not hacking your privacy — they're buying it. Here’s what’s happening and why it matters: 👇
3,91K