Monero was hit by an 18 block reorg a few hours ago, which invalidated 118 transactions. This is the largest reorg in Monero's history. Unsurprisingly ***ic is looking for any way to stay relevant and to stop the bleeding of their dumping price.
XMR dev sech1: "***ic blocks in last 1440 heights: 333 (23.12%), orphaned 140/473 (29.60%), total orphan rate 43.34%, efficiency 86.19%. efficiency 86.19% means they lose XMR because of selfish mining, even after all their reorgs. So it's just an expensive PR stunt for them"
The last couple of weeks have shown a waning interest around this attack, but invalidated transactions will jolt the community again. DNS check pointing, a centralized fix which checkpoints blocks, is being tested vigorously.
From ofrnxmr: "All of those 117 spends will eventually be re-spent, either in a week, or immediately if mined on a node that flushed the invalid txs". Moneroocean and support xmr have been contacted to flush their tx pool.
@xenumonero The fact that you don't spell out Qubic is hilarious. It's just business. Easy money. @_Qubic_ is bigger and better than monero 🤸🏾♂️. The sooner you accept it, the better. Plus I wouldn't call being up 24% in 3 months bleeding out 🤙🏾
@xenumonero Pubic last shots.
@xenumonero Can you please sum it up in words a retard like me can understand
@xenumonero Qubic will continue to mine the crap out of Monero and will likely be the largest mining pool for several months to come. You haven’t accepted this is the new normal, but eventually you will 👍
@xenumonero Eh it got boring. And thats how they will lose money AND investors. Gg wp, they can try next.