Monero Experiences 18-Block Rollback: Implications for XMR Security

Monero Reorg Incident: An 18-block rollback occurred in the Monero network, erasing 118 transactions and raising concerns about the security and centralization of the blockchain, particularly due to Qubic mining pool's over 51% hashrate control.

Market Reaction and Future Implications: Despite the rollback, Monero's price increased by 7.4% shortly after the incident, highlighting market resilience. Discussions are ongoing about implementing changes to enhance security, such as DNS checkpoints and altering consensus rules to mitigate the risks of centralization.