Overview

• Dogecoin won a Qubic community poll on Aug. 17 with just over 300 votes, ahead of Kaspa and Zcash, as the next proof-of-work chain to test.
• Qubic’s team says a Dogecoin effort would take months of development and is positioned as profit-driven mining, not an immediate 51% attack.
• Qubic says it briefly reorganized six Monero blocks and ran several GH/s, but a Qubic-commissioned report by Shai Wyborski found it likely reached about 28% hash share.
• Kraken temporarily paused Monero deposits after the reported reorganization to mitigate potential network risk as services assessed the situation.
• Dogecoin fell roughly 4–5% after being named, and its merged mining with Litecoin and higher ASIC hashrate suggest any comparable takeover would be far more costly.