Qubic vs. Monero, preliminary results:
(For those who do not know me, I am not affiliated with Qubic, I do not hold any Qubic, and I am plausibly the most vocal and obnoxious Qubic critic to date. That's exactly why they hired me).
I was provided a wallet seed by @c___f___b from which I generated the public view key:
7804f957c13215e6c98d54c443d16d36e603ca8a4c81ced9e46449bcbd7c6696
In this post, I will inaccurately refer to blocks whose coinbase transaction can be associated back to this wallet as "blocks created by qubic", and refer to the ratio between such blocks and other on-chain blocks as the amount of blocks "created by qubic". This is not the full picture, but it is accurate enough for now.
In the full report (which will hopefully be posted tonight or tomorrow), I explain the limitations of the method, and make more careful inferences of the data. (I will also provide the full list of blocks created by the wallet, as well as tx_proofs that can be cross-checked against any Monero node to verify the results.)
That being said, the preliminary view is honestly a bit astounding.
In the graph below, the blue line shows the fraction of blocks created by CFB's wallet out of all blocks created up to that time. The red line shows the fraction in a sliding (centered) window of 30 blocks (about one hour).
As we can see, while not quite being able to maintain superiority for the entire range, there are quite a few one-hour-long windows where Qubic created almost as many as 80% of the blocks in the window.
This does not mean that Qubic managed to hit 80% of the typical XMR hashrate. In these magnitudes of fluctuation, there are forces pulling in all directions, from switch mining to selfish mining. But it defnitely means that Qubic genuinely disrupted Monero by hash power alone.
In the full report, I will discuss in greater length what can be inferred and to what degree of confidence. And will also use the stage to remind that I warned against these kinds of scenarios more than three years ago, against ASIC "resistance" in general, and RandomX in particular. The same threat lingers over other bloated hashes such as Ethash and Scrypt.
The only defense against this kind of raiding is to make sure ASICs are many orders of magnitude more efficient than any existing generic hardware, and (to the best of my knowledge) that can only be achieved by ASIC friendliness. Anything else might be appealing to miners and easier to justify, but it will always face these kinds of threats.
The 20th of July, 2025.
Writing this date here to memorize when the concept of Decentralized Artificial Intelligence (#DAI) got its final shape.
Not bullshit like "It runs on a #blockchain so it must be decentralized". In this concept each entity holds a secret know-how which modifies #IntelligentTissue (in cooperation with other know-hows owned by other entities, if needs to solve a complex task). Secrecy of each know-how ensures nobody can copy it, others can only attempt to create something similar by spending computational resources.
Each #AI is an original object, #IntelligentTissue is its hologram. #Qubic is the platform for AI creation, their convergence and intelligent tissue hosting.
#Aigarth, 20.07.2025
@AvdiuSazan @Tokenoya@RvCrypto Okay, I admit I didn’t express myself technically accurately. But that wasn’t even my main point. I just wanted to highlight that term "fee-less" can be misleading. When using SC, a fee might be charged (payment for serice). For regular users, it will be simply a fee...
Concern on #Qubic Discord about KOLs pushing prices down. No big moves in 2 months, but once pools optimize CPU miner for the new algo, more will mine #Qubic/#Monero/#Tari. Burn from rewards will spike, outdoing any wizard’s hype.
Qubic’s Road to AGI - Phase 1 Successful
Phase One of our road to AGI has been completed and we are now in a position to announce that we have successfully found great candidate architectures for ANNs. Artificial neural networks (ANNs) are like blocks of digital brain neurons and synapses that will build our intelligent tissue - we have more on this in our blog post which will be published later today.
There will be more information about the ANNs in our scientific paper that is coming out before Christmas.
The next stage of our development is to begin training these ANNs, starting today, 4th December 2024.
We would like to thank all miners, past and present, for helping to give us the computational power to do this - we are the world’s 6th largest supercomputer and the world’s largest decentralised supercomputer.
One fewer step to take to achieve AGI!
FWYK. This is True AI.
Probably not exciting for #BTC maxis, but for us who have been in #crypto for a while, #Qubic brings the action and innovation we've been looking for. If you're into real #cryptocurrency projects, this is worth a look.
https://t.co/NGZ75F3sXH
@Vrom14286662 Fortunately, we sold $IOTA in time and bought $QUBIC at the latest when @c___f___b wrote and now we are fine. Waiting for a ride in the right direction.
@DigidusPrime @DomSchiener@shimmernet I feel sorry for those of you who still believe Dom’s fairy tales. But you are welcome to join us on $QUBIC and the sooner you switch the better. Verified for you.