Monero (XMR) Experiences 18-Block Blockchain Reorganization, Sparking Concerns Over Potential Double-Spend Attacks
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Blockchain Reorganization Alert: Monero (XMR) has undergone an 18-block reorganization, raising concerns about potential double-spending attacks on the network, prompting users to reconsider the standard practice of waiting for 10 confirmations before finalizing transactions.
Mining Power Concerns: The incident highlights ongoing issues with mining dominance, as large mining pools have been observed creating competing chains, which could allow malicious actors to manipulate transactions and execute double-spend attempts.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
