Monero’s 51% Attack Chaos: DDoS Drama and Botnet Brawls!

So, the mining pool behind an attempted 51% attack on Monero is now supposedly under a DDoS attack, because nothing says “I’m a bad actor” like flooding a server with traffic. 🌪️💸

Sergey Ivancheglo, the self-proclaimed ringmaster of this digital circus, claims his Qubic mining pool is under a DDoS attack. Imagine trying to run a cryptocurrency carnival while someone throws confetti at you with a firehose. 🚰💸

One user asked, “Is a DDoS a sustainable solution?” To which Ivancheglo replied, “Zero cost, if you already have a botnet. So we’re building protection assuming they can do it indefinitely.” Sounds like a crypto version of “I’ve got a plan, Steve!” 🤡

A DDoS attack is like having a thousand friends show up uninvited to your housewarming, all yelling at the same time. 🗣️🔊 But instead of cake, they’re sending data packets. 📡

Unlikely that Qubic mining pool under DDoS attack

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XMRig developer accused of coordinating DDoS

Ivancheglo’s finger-pointing at XMRig’s developer is about as convincing as a conspiracy theorist’s coffee table. 🧠☕ The developer, Sergei Chernykh, denies it, saying, “I didn’t do it!” while everyone else is pointing fingers. 🕵️‍♂️

Monero, the privacy champion of the crypto world, is like a cloak made of smoke. It’s popular on the deep web, where you can buy anything from illegal stuff to… more illegal stuff. 🕵️‍♀️

Monero network faces takeover threat

Qubic’s plan to take over Monero is as subtle as a sledgehammer in a library. 🛠️ After a brief moment of glory, their market share plummeted faster than a hot air balloon in a hurricane. 🌬️

Monero mined by Qubic funds token burns and buybacks, which sounds like a crypto version of “I’ll pay you back, I swear!” 💸 Meanwhile, Ivancheglo, the guy who also founded NXT and Iota, admits he’s trying to centralize the network. Because nothing says “democracy” like a single pool controlling everything. 🏛️

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2025-08-04 15:45