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0 sats \ 2 replies \ @OT 19 Aug \ parent \ on: What is the 'purpose' of this transaction? mempool
That sounds like a stretch.
Which gov? For all pools?
I don't see the connection. An adversarial gov would fill blocks at extremely high fees while at the same time force miners to turn off making it difficult and expensive to transact.
if i were a government that wanted to attack bitcoin... i would look for ways to attack the nodes themselves. For example paying for transactions ie "transacting" in transactions that are repetitive that either bloat the UTXO set... or discourage economic transactions through higher fees.
Spam basically. That 'outbids' everything else (this would be especially evident at higher fee rates) or at least fills blocks with junk at low fee rates 1 or < 1 sat/vbtye etc that slowly harms nodes over a long time period.
Then depending on how users respond, how pools respond, and how nodes are effected (or not) come up with plans to weaken the network if desired.
I don't think the US is smart enough to do this (plus the president is invested) but the Chinese are.
Just my 2 tinfoil sats.
Anytime I see economic activity that doesn't make sense I ask myself 'what's going on here, what explains it?'
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For example paying for transactions ie "transacting" in transactions that are repetitive that either bloat the UTXO set
These wouldn't be bloating the UTXO set as they're being spent again and again.
I don't think the US is smart enough to do this (plus the president is invested) but the Chinese are.
All China would need to do is take control of mining unit production. It still might take a few years to get enough hash power to attack the network due to the vast amount of hash already distributed.
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