Cryptocurrency Community Aims to Test Security of Dogecoin

Community Targeting Dogecoin: Following a recent 51% attack on Monero, the Qubic community has voted to target Dogecoin for a similar security test, with over 300 members supporting this decision.

Technical Aspects of Dogecoin: Dogecoin was chosen due to its lower hash power (2.23 PH/s) compared to larger cryptocurrencies like Bitcoin (964 EH/s), making it a more accessible target for potential attacks.

Merged Mining with Litecoin: Since 2014, Dogecoin has been merged mined with Litecoin, which enhances its security and has garnered support from the Litecoin community, emphasizing solidarity between the two networks.

Concerns Over Network Security: The discussions surrounding Dogecoin's vulnerability highlight the importance of reassessing network security and community support in the cryptocurrency ecosystem, as future risks may arise from larger organizations targeting these networks.