Sourcenode on nostr

@jack mallers given that Tether is currently sensoring transactions for governments, I am skeptical about the benefits of them owning 5% of the hashrate.

I can see several potential game theory avenues ahead, but personally I'd love to see Tether pushing for a more decentralization of mining pools.

Is that something they would be willing to focus time and attention to?

162👀1😅1🤙1

Toxic Bitcoiner · 5w

It can become a problem if stablecoins are issued on Bitcoin via Taproot Asset Protocol (a scam). https://bitcoinmagazine.com/technical/incentives-of-stablecoins-on-bitcoin

Penta Sophia · 5w

Am I understanding the problem correctly?: Mining censorship would be excluding transactions by ignoring them in the mempool. This only makes the censored transactions more expensive. Call it a cost of freedom. The bigger risk is those pools refusing to honor a block that was mined by someone else ...