Monero, the leading privacy-focused cryptocurrency, is once again under pressure after suffering its largest chain reorganization to date.
On September 14, network monitors reported an 18-block reorganization that effectively erased 118 transactions. Independent analyst Xenu described the event as the largest reorg in Monero’s history, amplifying concerns about the network’s resilience.
Monero’s Record Reorg Shifts Focus to Qubic’s Influence
A blockchain reorganization occurs when miners disagree on which version of the ledger represents the valid chain.
Sponsored
Sponsored
This can happen when blocks are produced almost simultaneously or when software glitches disrupt validation. It can also occur if attackers push the network into competing forks.
When this happens, the consensus rules select the longest valid chain, which discards shorter forks and erases their transactions—leaving users with invalidated transfers.
In Monero’s case, miners were forced to choose between competing forks before aligning on a dominant chain. The fallout invalidated transactions that had already appeared confirmed, reviving long-standing concerns about Monero’s vulnerability to majority hash power concentration.
Go to Source to See Full Article
Author: Oluwapelumi Adejumo
