Monero Faces Block Reorganization Amid Security Concerns

According to BlockBeats, Monero (XMR) has experienced another attack, resulting in the reorganization of 18 blocks. Users accepting XMR payments are advised to wait for more than the usual 10 confirmations to ensure transaction security. Security expert SlowMist Yu Xin expressed concerns, stating that if the Monero community does not address the issue of block reorganization seriously, the network could remain under threat. Despite the hash rate not exceeding 51%, there is still a risk of double-spending.