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Please elaborate on this nonsensical-sounding statement that perhaps is just easy to misunderstand. 'Miners' is not one person or organization with special auth
by ArchD 6y ago
Please elaborate on this nonsensical-sounding statement that perhaps is just easy to misunderstand. 'Miners' is not one person or organization with special authority, so what do you even mean by censorship?
Anyone can be a miner and the decision of what gets included in the next block is determined by a competition of hashing (computing) power.
- deleted 6y ago[deleted]
- Obi_Juan_Kenobi 6y agoThere is something of a precedent for this when Luke Jr. tried to blacklist addresses he found morally objectionable. https://bitcoinexchangeguide.com/bitcoin-gentoo-client-takeover-attempt-by-btc-developer-luke-jr-again/ https://bitcoinexchangeguide.com/bitcoin-gentoo-client-takeo... Obviously this is a developer issue, not a miner issue. It really does not make sense that a miner would attempt to blacklist any addresses, as they could only delay transactions proportional to their hash power.
- kristianp 6y agoMiners can choose which transactions go into their blocks. If enough of them agree to a certain action, chances are one of them will be the successful miner of the block.
- ArchD 6y agoAnd what's the mechanism for them to want to collude?
- RandomBacon 6y agoThreat of violence by governments?
- kristianp 6y agoSocial norms, e.g. they might decide to refund someone who accidentally paid a huge fee for a transaction.