Monero’s 51% Attack Risk & Bitcoin’s USDT Bridge Breakthrough

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:  Dive into two major crypto developments! We explore concerns over a potential 51% attack threatening Monero’s privacy-focused blockchain and the groundbreaking RGB bridge that brings Tether (USDT) from Ethereum to Bitcoin via Lightning. Learn how this bridge enables private, low-cost stablecoin transactions and what it means for Bitcoin’s DeFi future. Stay informed on the latest in crypto security and innovation! #Monero #Bitcoin #RGBBridge #USDT #CryptoNews     Welcome to BlockBit! Your go-to hub for cutting-edge crypto and tech content on Dailymotion! Dive into the latest on blockchain, cryptocurrencies, and tech innovations with our updates, insights, and tutorials. Join our community and stay ahead in the digital world. Follow us on social media:  📌 DailyMotion:  https://www.dailymotion.com/BlockBitBTC  Subscribe for the latest crypto and tech updates! #BlockBit #Crypto #Tech

Transcript

00:00Cryptocurrency security and innovation are making headlines again.

00:03Let's dive into two major developments shaking up the blockchain world,

00:06a potential vulnerability in Monero and a groundbreaking bridge bringing stablecoins to Bitcoin.

00:11First, Monero, the privacy-focused cryptocurrency, has faced concerns over a possible 51% attack.

00:16This type of attack happens when a single entity controls over half of a blockchain's mining power,

00:21potentially allowing them to manipulate transactions.

00:23For Monero, known for its strong privacy features, such an attack could undermine trust in its network.

00:28While no major attack has been confirmed, the community is on high alert,

00:31with developers and miners working to strengthen defenses and maintain the chain's integrity.

00:36This serves as a reminder that even privacy coins face real-world risks in the decentralized landscape.

00:41Now, let's shift to an exciting milestone for Bitcoin.

00:44For the first time, TetherRust has been bridged from Ethereum to Bitcoin using RGB,

00:47a protocol that enhances Bitcoin's capabilities.

00:50This breakthrough, led by the Tricorin team now part of Utico,

00:53allows stablecoins to flow into Bitcoin's ecosystem with privacy, low fees,

00:57and instant settlement via RGB lightning.

01:00Unlike traditional bridges, this peer-to-peer design avoids custodians,

01:03keeping user control and privacy first.

01:05What does this mean?

01:07Stablecoin liquidity can now power Bitcoin based on five payments,

01:10and trading, all while leveraging Bitcoins and mass security.

01:13Partners like LNFI are already planning to use this bridge to enable fast,

01:17private, or swaps across blockchains.

01:18With tools from Utico on the way, this tech could soon be in the hands of everyday users,

01:23opening new doors for Bitcoin's role in decentralized finance.

01:26From Monero's security challenges to Bitcoin's expanding potential,

01:29the crypto space continues to evolve.

01:31Stay tuned for more updates as these stories unfold.

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