“You can’t execute chain reorganization attacks” on XRP, he stated, contrasting it with proof-of-work systems that depend on high hashrate incentives to remain secure.

Vet argued that these incentives can fail when network mining power is insufficient, exposing smaller chains in the process. He stated, “That’s why the XRP Ledger is the most secure network,” emphasizing its superior design.

Vet compared Monero’s vulnerability to Bitcoin’s resilience, noting that Bitcoin is “a lot harder to attack” because the cost to gain majority control of its hashrate is prohibitively high. He added that Monero “just doesn’t have enough hashrate to protect itself with high difficulty,” which makes it susceptible to the kind of takeover currently underway.

Thats why the XRP Ledger is the most secure network. You can't execute chain reorganization attacks.

All because PoW needs to house incentives.

Here on Monero, a $300 million market-cap chain is taking over a $6 billion one. https://t.co/RCykfA6qeT

— Vet (@Vet_X0) August 12, 2025

The Monero 51% Attack

Monero, a privacy-focused blockchain, recently faced a successful 51% attack. Reports state that the Qubic mining pool has gradually amassed most hashrate over several months. This control has enabled a major chain reorganization, giving Qubic the capability to rewrite the blockchain, execute double-spending, and censor transactions.

Estimates place the daily cost of sustaining the attack at $75 million. However, with Qubic effectively able to mine nearly every block, there is potential for significant rewards. At the same time, other miners face a lack of incentive to participate as their blocks can be orphaned, consolidating Qubic’s dominance.

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The Superior Consensus Mechanism

Vet’s assessment centers on the difference between proof-of-work and the XRPL’s consensus protocol. On the XRPL, transactions are confirmed through a process where validators agree on the correct ledger state within seconds, while maintaining the decentralized nature and ensuring no single entity has total control.

There is no mining and no probabilistic confirmation model as seen in proof-of-work systems. This means finality is deterministic, and once a ledger is validated, it cannot be reorganized by a majority-hashrate attack, giving it a major advantage over Bitcoin and other proof-of-work blockchains.

This design serves as a structural safeguard, and Vet contrasted it with the current incident affecting Monero, where a single mining pool’s dominance has allowed them to alter the blockchain’s history. In this case, the attacking chain’s network value is around $300 million, yet it is successfully exerting control over Monero, which has a market capitalization of roughly $6 billion.

In addition to significant energy efficiency, XRP’s design offers far superior security, making it far better than Monero’s or Bitcoin’s consensus mechanism.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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While the exact reasons for these removals remain unclear, it has sparked speculation and concerns about the changing rules for cryptocurrency exchanges.

Read Also: Monero (XMR) Completes Network Upgrade to Improve Privacy

Privacy Worries and Regulatory Pressure

Experts believe that Monero’s ability to keep transactions private might be a reason for its removal. Monero has gained a reputation for being used in illicit activities due to its difficulty in tracing transactions. This has caught the attention of regulators worldwide who are pushing for stricter rules to prevent money laundering and ensure customer identification in the cryptocurrency industry.

Binance’s recent $4 billion settlement with the US Securities and Exchange Commission (SEC) adds to the intrigue. The exchange has committed to following regulations and cooperating with authorities, which makes the removal of a privacy-focused coin like Monero (XMR) seem like a strategic move in line with its new approach.

Beyond Monero (XMR): Wider Implications

The removal of these coins raises concerns about the potential impact on other projects that prioritize privacy. It’s not just Binance; other major exchanges like Coinbase have also delisted privacy coins in the past. This trend reflects the increasing pressure from regulators and could limit the availability of such projects on popular exchanges.

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Read Also: First Atomic Swap Providers Surface for Bitcoin-Monero Atomic Bomb on Monero Network

User Choice vs. Compliance

The removal of these coins highlights a dilemma in the crypto world – striking a balance between user choice and complying with regulations. While users appreciate having a variety of options, exchanges need to follow rules and be transparent. This is crucial for the long-term stability of the cryptocurrency industry.

The delistings on Binance raise important questions about the future of privacy in the crypto space. Will privacy coins become niche products, only available to a limited group of users? Or can they adapt to address regulatory concerns while still offering privacy features? Additionally, how can regulators and the crypto industry work together to create a framework that fosters innovation while ensuring compliance?

The removal of these coins from Binance represents a significant development in the cryptocurrency landscape, with implications that go beyond the immediate impact on the affected projects.

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The post Monero (XMR) To Be Delisted On Binance. Here’s when and why appeared first on Times Tabloid.

It can be recalled that in May 2021, a BTC-XMR atomic swap went live on the mainnet.

Read Also: VeChain Releases New Version of VeChainThor Mobile Wallet with Price Display Support for VEED Token

Back then, the announcement read as follows:

“XMR <-> BTC atomic swaps are live on mainnet! We’re delighted to see Seth and others working to make them easily accessible such that anyone can swap trustlessly and privately!”

According to a tweet, a Menoro user has become one of the first providers on the Monero network. This implies that all Monero (XMR) users are now liable to perform swaps with the help of a command-line interface (CLI).

Going by the tweet shared by Seth By Privacy, the exchange is provided with a 20% fee that is fondly used in Bitcoin ATMs. With the availability of more swap providers on the network, the community is looking forward to reducing the fee.

Read Also: Van de Poppe Analyzes Possible Bullish Future of Bitcoin (BTC), Ethereum (ETH), Cardano (ADA)

Seth By Privacy noted:

“Just completed my first mainnet atomic swap (as the broker/XMR-seller) with an unnamed Bitcoiner. The process took 34min, was done entirely over Tor, required no interaction by me, and was peer-to-peer with *no* middle-man or custodian. I think I just witnessed the future.

“Second swap completed, 37min to complete and no issues at all. I don’t think I’ve been this excited for a tool in a *long* time. Docs on how to get swapping are almost completed, will share once they’re done and once I decide on a spread %.”

Second swap completed, 37min to complete and no issues at all.

I don't think I've been this excited for a tool in a *long* time.

Docs on how to get swapping are almost completed, will share once they're done and once I decide on a spread %.

— Seth For Privacy (@sethforprivacy) August 17, 2021

Read Also: Celsius CEO: Bitcoin (BTC) Will End 2021 Somewhere in the $140,000-$160,000 Range

Monero (XMR) and Atomic Swaps

Atomic swap is a decentralized way of swapping or exchanging coins without third parties’ inference.

Due to the fact that Monero (XMR) is a privacy coin, atomic swaps were highly anticipated by the community. As aforementioned, users will still be using CLI to swap until when graphic interfaces are ready.

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The post First Atomic Swap Providers Surface for Bitcoin-Monero Atomic Bomb on Monero Network appeared first on Times Tabloid.