Qubic stated that the team conducted experiments to verify the PoW protocol, emphasizing that it did not harm the Monero network

The Qubic team stated that their recent experiments have tested the PoW protocol, and the team is one of the few projects that can complete such experiments with the experience and unique architecture of the founder Come free Beyond (@ c___f__b). Qubic emphasized that the experimental process did not cause any harm to the Monero network, did not reverse transactions, or affect prices. The team stated that this experience will enhance the resilience of the Monero network and increase awareness of potential risks in the cryptocurrency field. The related impact is temporary and aims to promote the overall development of the industry. Previously, Monero faced a network takeover attempt initiated by mining pool Qubic, which sparked strong opposition from the community. Cosine also stated that the Qubic mining pool is suspected to have successfully launched a 51% attack on Menlo coin, theoretically capable of rewriting transactions.