Saturday, November 25, 2023

Today's Top #2: Non-US Bitcoin Miner Gets Caught Censoring Transactions.

tldr; The article discusses how a non-US mining pool, F2Pool, was caught censoring transactions, leading to concerns about Bitcoin's censorship resistance. The pool excluded four transactions that were OFAC-sanctioned, prompting speculation about the network's censorship resistance. Renowned figures in the crypto community expressed concerns and urged miners to not support the pool. The article also highlights the challenges in maintaining privacy in the face of government regulations and the need to incentivize hashrate to exit regulated companies. Despite these events, the article concludes that the fears about Bitcoin's censorship resistance being compromised are overblown.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

https://www.reddit.com/r/CryptoCurrency/comments/183lhpe/nonus_bitcoin_miner_gets_caught_censoring/


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