Great take! @c___f___b, the billionaire crypto founder making $XMR maxis look like petulant children, is obviously a huge fiat guy!
$QUBIC and cry dumbass
The fiat money world is full of people like Sergey Ivancheglo (@c___f___b), who are up to no good and who build a sense of self by causing harm.
Deep in the background there is a battle of good vs evil and the free will allows you to position yourself.
Powered by useful-Proof-of-Work, @_Qubic_ redefines decentralised blockchain and AI through Quorum-Based Computation.
Performance test hit 15.5M TPS, highest ever verified on mainnet, certified by CertiK.
Skynet Score: 91.28 (AA)
The frontier of speed + security.
See Qubic ↓
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.
$XMR 51% attack wont happen. These qubic frauds have nothing to show for it.
Mark my words right now; nothing will happen.
It's august 2nd, where you at @_Qubic_
BREAKING: The Financial Industry Regulatory Authority is looking to rework the “pattern day trading” rule that limits investors with less than $25,000 in their margin account from borrowing to trade four or more times in a five-day period.
In a proposal being prepared for Finra’s board to eventually vote on, retail investors would need to have only $2,000 in their accounts for such trades.
From what I can see, only Qubic dropped around 10% in the last 24h. So saying it’s just because of Bitcoin isn’t exactly convincing, most alts didn’t drop that much.
So maybe, just maybe, something else was going on...
Also, when you or others say you sold, it would only be fair to bring proof, not just empty claims that can manipulate people into panic selling.
That’s not too much to ask, right?🦄
P.S. I also added $Kaspa as a comparison below, because he previously showed a piece of Kaspa’s chart in the comments, but without including the drop from the last 24h, assuming that “everything is going down because of Bitcoin.”
Indeed, everything is dropping, but not everything is dropping the same way.
🚨 Update: Shardeum Mainnet will now launch on 5th May 2025
We’re making this strategic change to ensure the best possible launch for our community amid the current market conditions. Our tech is still progressing on time & will be ready by 15th April.
This is about when to launch, not whether to launch.
📢 Here’s why & what it means
- Launching in a volatile market now could short-change our supporters. We believe this date change will mean a stronger launch for the community.
- Our testnet broke records with 171K+ validators - the most ever on an L1 testnet - and 81M+ transactions processed. We have full confidence in the product we’ve built.
Thank you to all Shardians for your patience & support 🙏
We started this journey together & in just a few more weeks, we’ll celebrate the Mainnet launch together. The best is yet to come 🚀
The Lunar Zodiac Awakening has concluded 🌙
Thank you for forging new paths with exclusive Lunar traits. May these awakened Shinjins illuminate your journey ahead 👊
Winners of Fortune's Favor will be revealed within 48hrs 🧧
May your unwavering spirit lead you to victory 🌊🗻