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0 sats \ 3 replies \ @anon 20 Sep \ on: Allen Farrington AMA AMA
Thoughts on mining pool centralization? Is Bitcoin fucked?
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21 sats \ 2 replies \ @allenf OP 20 Sep
I don't have any particularly original thoughts here, I'm afraid.
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0 sats \ 1 reply \ @anon 20 Sep
Do you think it's all a non-issue larp or could the economic incentives of the Bitcoin network potentially pressure hashrate into centralization and censorship? (As in regulated pools needing to mine OFAC compliant blocks else be guilty of strict liability sanctions violation by big daddy state.)
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0 sats \ 0 replies \ @allenf OP 20 Sep
as I understand it (which is not much) it's not as simple as "pool or no pool" - it's what is the technical feasibility and, therefore, economics of pools enabling decentralized template construction. if this is trivial to do then pools refusing to do so and obviously censoring to the detriment of fees will be crushed.
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