📣 New State of the Network: Monero’s Stress Test & The Risks to PoW Security In @coinmetrics' latest State of the Network, @TanayVed breaks down Monero's recent network security episode as a case study to explore the risks tied to PoW security. He explains what constitutes a 51% attack and chain reorg, revisits past incidents on networks such as Ethereum Classic, and considers what this reveals about the vulnerabilities that smaller PoW chains can be exposed to. Key Takeaways: - @_Qubic_ briefly claimed majority control of @Monero’s hashrate, triggering a shallow six-block reorganization of the ledger. - Monero’s RandomX algorithm broadened mining access through CPUs, but its lower hashrate left it vulnerable to concentration, enabling Qubic’s incentives to gain outsized influence. - The episode shows how smaller PoW networks with thinner security budgets and concentrated mining power can be more exposed to disruptions in consensus. Read the full report (Link in replies)