Is Dogecoin About to Undergo a Security Assessment?

Qubic Community's Decision: The Qubic community has chosen Dogecoin for a potential security test following a recent 51% attack on the Monero network, with over 300 votes in favor of this decision.

Reasons for Selection: Dogecoin's lower hash power, which stands at approximately 2.23 petahash per second compared to Bitcoin's 964 exahash per second, made it a more vulnerable target, influencing the community's choice.

Merged Mining Benefits: Dogecoin benefits from merged mining with Litecoin, allowing both cryptocurrencies to be mined simultaneously, which enhances its security against attacks.

Community Support and Future Implications: Strong support from the Litecoin community reinforces Dogecoin's defenses, while discussions about network security and resilience are becoming increasingly prominent in the cryptocurrency sector.