This news was partially buried due to the inauguration of Trump and subsequent strategic bitcoin reserves (SBR), but the developer B10C has recently reached about 11 % of Bitcoin Network's hash power. We have published a study indicating that F2Pool, a mining pool, is a censorship. -The transaction with the facility … again.
If you do not know what this means: The US Treasury Foreign Asset Management Bureau (OFAC) maintains a approved entity list, including many bitcoin addresses. It is illegal to do these entities and business under US law. In fact, it is unknown whether it cannot be included with these addresses in the block generated by mining workers, but F2Pool seems to be much safer than unfortunately.
Now, this is not a matter of F2Pool, which applies this policy. Some transactions sometimes delay about 10 minutes, which is about it.
If more pools start it, the delay will be longer and more frequent, but it is still not terrible. Most of the pool.
If most of the mining pool refuse not only censorship trading but also blocks that include these transactions, there will be an actual problem. If this happens, these transactions will not be confirmed at all … not as long as these mining pools will remain a majority. Bitcoin will no longer be able to withstand censorship.
I can't really blame F2Pool by adopting their policy. If there is no censorship in the mining pool, I would like it, but unfortunately, even open source software developers may face prison hours to make users free. I live in.
It's great if the new Trump administration first stops such state attacks on bitcoin, not flirting with SBR.
This article is A take。 The statements that have been expressed are completely authors and do not necessarily reflect the opinions of BTC Inc or Bitcoin Magazine.
